The new investor in Czech Airlines (ČSA) is to be the Prague City Air company, founded at the end of January, owned by Smartwings owners Jiří Šimáně and the Vik family. According to the reorganization plan, the company will provide the airline with a settlement loan of 125 million crowns, from which creditors will be … Read more
Airbus Canada, which manufactures smaller A220 transport jets, is now asking CSA to pay over 315 million crowns. “The receivable represents compensation for damage caused as a result of the debtor’s refusal to perform under the purchase contract,” the receivables published in the insolvency register shall be stated in the application. In the original May … Read more
According to Havlíček, a similar measure has so far been taken by France, Lithuania, Sweden and Latvia, from countries outside the EU the United Kingdom and Ukraine. The Deputy Prime Minister stated that the suspension of the approved flight schedule will last until the investigation of the incident. At the same time, the CSA airline … Read more
Czech Airlines Technics (CSAT), a subsidiary of Prague Airport, detained two Czech Airlines (CSA) ATR aircraft on Tuesday due to unpaid invoices. The Smartwings aviation group, to which CSA belongs, has declared the detention of aircraft illegal and is preparing legal action. The website informed about it Zdopravy.cz. Airlines had to cancel flights due to … Read more
During the first pandemic wave, firms affected by government measures could apply for special debt protection until August 31. It was adopted in November soap opera, which allowed these companies to extend the moratorium for another three months, even without the consent of creditors. “The request for an extension was submitted by the parent company … Read more
A CSA spokeswoman stated that the resumption of routes must be postponed from day to day for a number of destinations, as well as the already resumed air connections were interrupted again. Lines to Amsterdam and Košice will stop flying from September 28 to October 14. Their future will depend on epidemiological developments and travel … Read more
“Changes to free dates were previously only possible for more expensive tariffs. Today, flexible rules for handling tickets are becoming more common and apply to tickets for the flights of most airlines, “said the director of the portal, Josef Trejbal. Carriers that have introduced the new rule include, for example, Czech Airlines, Smartwings, Turkish Airlines, … Read more