FinMin seeks declarations from Czech Airlines (ČSA) bidders

Ministry of Finance reportedly seeks would-be bidders in Czech state carrier to declare themselves within the first half of 2012

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Chris Johnstone | 06.02.2012

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The Finance Ministery is said to be keen on checking that there are enough potential bidders for a privatization tender to go ahead

The Ministry of Finance is reported to be keen to invite bidders interested in a stake in Czech Airlines (ČSA) to declare themselves mid-way through the first half of the year. If there is sufficient interest then a full blow privatization could proceed. The weekly Týden says talks with Air France and Korean Air have already started, but the former would appear an unlikely bidder given the disastrous episode when it already bought into ČSA.

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