FlySSC From France, joined Aug 2003, 7353 posts, RR: 58 Posted (4 years 8 months 2 weeks 23 hours ago) and read 2459 times:
On March 23rd 2009, Air France officially expressed its interest to the Czech Government in acquiring CSA.
AF requested an access to the "detailed" books of the airline before placing an official bid, probably next June.
AF recalls that CSA is already a close partner of Air France-KLM within the SkyTeam alliance of which CSA is member since 2001.
Its network shows a good complementarity with AF-KLM's and would strengthen the AFKL Group presence on the Eastern/Central European market.
L410Turbolet From Czech Republic, joined May 2004, 5529 posts, RR: 18 Reply 4, posted (4 years 8 months 1 week 6 days 22 hours ago) and read 2006 times:
Just for the record, the other three entities which officially expressed their interest to participate in the tender are:
- local consortium Travel Service - Unimex Group (Czech-Icelandic owned charter airline QS)
- investment group Odien
There is a question whether SU met the requirements of the tender since they applied through a shell Czech company they purchased just weeks ago (and staffed them with some shady characters), not by forming a partnership with a local entity, which they were required to as a non-EU entity.
Given the geopolitical/historical context and security issues there is a widespread opposition against the "privatization" to state-owned Aeroflot (how well that works we've seen during the short-lived joint venture with the then state-owned AFin early 1990s), both among the public as well as among the CSA employees. Also the rumors are that their real interest is in buying the PRG airport and buying the airline is only a way how to gain leverage.
Quoting SurfandSnow (Reply 1): Seems like Europe is well on its way to having just three major airlines - Lufthansa (Star), Air France (SkyTeam), and British Airways/Iberia? (oneworld).
Sad but most likely inevitable - especially given the current economic hard times almost everywhere.