Companies
Chris Johnstone|19.01.2012

Czech Airlines reaps meager rewards from drastic downsizing

State carrier Czech Airlines (ČSA) has been rewarded by a slight improvement in its load factor following a drastic downsizing of aircraft, destinations, and services. In the face of gloomy economic predictions this year, ČSA chief Philippe Moreels can see an upside in that a smaller airline will be an easier, more attractive buy for the strategic investor the troubled Czech airline so desperately needs to land.

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Companies
Chris Johnstone|05.12.2011

Czech Airlines dismisses pilots, protests pending

Relations between management and pilots at Czech Airlines nosedived (ČSA) on Monday when airline bosses announced the dismissal of 100 “excess” pilots. A similar number of jobs should be created soon at a charter unit to which 11 planes from the main scheduled airline have been transferred. Unions warn the airline is running out of time to find a strategic partner and the latest steps won’t help.

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