Korean Air has become the second-largest shareholder in the state-run Czech Airlines. Source: AAP
SOUTH Korean flag carrier Korean Air says it has finalised a deal to buy a 44 per cent stake in troubled Czech Airlines (CSA) in a bid to expand lucrative long-haul routes to Europe.
With the deal signed on Wednesday, Korean Air has become the second-largest shareholder in the state-run carrier following Czech Aeroholding, which holds a 51.7-per cent stake, Korean Air said in a statement.
Korean Air, the South's top airline operator with a fleet of 155 aircrafts flying to 45 countries, paid 2.64 million euros ($A3.30 million) for the stake.
The company was the only bidder for the loss-making air carrier put up for sale by the Czech state. Prague approved the deal in March.
Operating a fleet of 26 planes, CSA posted a loss of 241 million koruna ($A11.62 million) in 2011.
"With the share purchase complete, we will be able to expand our presence in Europe and globally more actively," Korean Air said.
The company said it would use the Czech capital as one of its major transfer points for its flights to European cities including Paris or Zurich and vowed to strengthen marketing ties with CSA.
Anda sedang membaca artikel tentang
Korean Air finalises Czech air purchase
Dengan url
http://lagisuntuks.blogspot.com/2013/04/korean-air-finalises-czech-air-purchase.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Korean Air finalises Czech air purchase
namun jangan lupa untuk meletakkan link
Korean Air finalises Czech air purchase
sebagai sumbernya
0 komentar:
Posting Komentar