Wednesday 5 December 2012

Korean Air, Qatar Airways interested in Czech Airlines | Reuters

The Czech government will decide on the privatization of Czech Airlines (CSA) as early as April next year after weighing possible bids from Korean Air (003490.KS) and Qatar Airways.

The state is in early talks with the two airline groups, and expects tentative bids by the end of January and offers for the loss-making Czech airline a month later.

"Talks are taking place, and if these talks are successful, then the government could decide on its privatization sometime in April or May," Prime Minister Petr Necas said after a cabinet meeting.

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