Qatar Airlines as yet uncertain over bid for ČSA

11-12-2012

Qatar Airlines has said it is as yet undecided as to whether it wants to make a bid for shares in the Czech national carrier Czech Airlines, or ČSA. The heard of Qatar Airlines Akbar Baker told the Reuters news agency on Tuesday that his company was still studying the offer. The government is offering to sell a 96 percent stake to a European buyer; other airlines could only purchase a less than 50 percent stake in order to ensure that ČSA remains a national carrier. The Czech finance minister said last week that of the 50 airlines the Czech government had approached only two had expressed interest in the privatization of ČSA: Korean Air and Qatar Airlines. The Czech government made a previous unsuccessful attempt at selling off ČSA in 2009.