Severnaya From Russia, joined Jan 2009, 1428 posts, RR: 1 Posted (5 years 9 months 2 weeks 6 days 23 hours ago) and read 2685 times:
Didn't see it posted yet, but Aeroflot officially announces its interest to follow up on the long-standing partnership of the both companies and take part in the privatisation of CSA.
Quote: “According to European rules, Aeroflot, not being an EC resident, cannot seek more than a 49 per cent stake in CSA. In the CSA privatization deal, we aim to have a partner who would be a Czech resident. Aeroflot is talking to prospective partners and will be able to declare its choice shortly,” says Aeroflot’s CEO Valery Okulov.
Aeroflot is one of the fastest growing European carriers and through such partnership will strengthen the synergy effect with CSA and make both companies more profitable.
“The experience on such routes as Prague – Moscow and Karlovy Vary – Moscow proved beneficial for both companies. CSA is the largest and most stable airline in Central Europe in economic and market terms. By joining and mutually expanding their route networks, Aeroflot and CSA will be able to become more profitable. The synergy is certainly there. We started our co-operation long before any global alliances appeared. We have even more in common now that both belong to the same global alliance, SkyTeam,” adds Okulov.
Aeroflot plans with CSA
In case of winning the CSA tender Aeroflot will keep the company as the Czech flag carrier. CSA will retain its brand, identity and traditions. It will get an ability to operate on a much wider scale, a better access to transit in Russia and other former Soviet republics. CSA is supposed to fly far beyond Moscow. At the same time, Aeroflot expects a better access to a number of destinations in Europe.
Aeroflot and Ruzyne airport
Aeroflot intends to privatise only CSA. There are no such plans for Prague’s Ruzyne International Airport . Although it may expect significant progress in business. Aeroflot will stick to its business which is to run air transportation, not airports.
Seemyseems From United Kingdom, joined Jan 2009, 970 posts, RR: 7
Reply 2, posted (5 years 9 months 2 weeks 6 days 17 hours ago) and read 2460 times:
This is great! Will Aeroflot take over LOT? That means that OneWorld and Star Alliance have both lost 2 essential carriers. I wonder if Aeroflot will give long haul equipement to CSA, perhaps some new A330's?
Hjulicher From Liechtenstein, joined Feb 2005, 887 posts, RR: 2
Reply 3, posted (5 years 9 months 2 weeks 6 days 15 hours ago) and read 2385 times:
This is a very important deal for Aeroflot, as they can buy more planes and register them under the CSA name, but use them on routes from Russia. I believe that CSA will only benefit with Aeroflot, considering that Aeroflot has been earning profits continuously over the past several years.
It looks like Aeroflot is not going to be left behind the Euro carriers, as has ambitious plans to also grow. Whereas some countries are losing their Flag Carriers, Aeroflot does not want to be left behind in the dust during these consolidations in the industry! What airlines are left? BA, LH, AF-KL, SAS, FinnAir, ...
Danny From Poland, joined Apr 2002, 3515 posts, RR: 3
Reply 4, posted (5 years 9 months 2 weeks 6 days 15 hours ago) and read 2372 times:
Quoting Seemyseems (Reply 2): This is great! Will Aeroflot take over LOT? That means that OneWorld and Star Alliance have both lost 2 essential carriers. I wonder if Aeroflot will give long haul equipement to CSA, perhaps some new A330's?
No Aeroflot will not take over CSA or LOT as there is no intention In Czech and Poland to sell them to Russians due to overall geopolitical context.