News site: Four large airlines interested in buying ČSA

14-11-2012

Four large airlines have expressed interest in buying the Czech national carrier Czech Airlines, or ČSA, Česká pozice has reported, quoting what it called reliable sources. The news website said Air France, Turkish Airlines, Etihad Airways and Korean Air were considering making a bid for the state-controlled ČSA, which has been valued at around CZK 150 million, or less than US$8 million. Around 50 airlines around the world have been addressed in connection with the planned privatisation. A previous attempt to sell off ČSA in 2009 failed.