Boeing Co. said Thursday one order for a 787-8 jetliner has been canceled by Travel Service, an airline based in the Czech Republic. It's the first 787 cancellation this year, Boeing said. "Boeing and Travel Service have reached an agreement to cancel one PRAGUE: The Czech Finance Ministry wants the government to prepare the national carrier Czech Airlines (CSA) for privatisation, news website lidovky.cz reported on Wednesday. "I will ask the cabinet today to request, as the main shareholder, Cesky CSA Czech Airlines (OK, Prague) will reportedly sell its fleet of six A320-200s this autumn as part of cost-cutting measures. In addition, the Czech carrier will also seek to renegotiate an outstanding order for a further seven of the type, though no exact Qatar Airways is interested in the privatisation of Czech Airlines (CSA), but has not taken a decision on whether to participate in it, the chief executive of the Gulf carrier said on Tuesday. The Czech government said last week it was in early stage talks (live-PR.com) - This report is the result of extensive market research covering the airlines market in the Czech Republic. It contains detailed data on market dynamics along with latest industry happenings and industry players in the Czech Republic. The Czech government on Wednesday approved the sale of a minority stake in CSA, the lossmaking national carrier, to Korean Air, marking the Asian airline’s first such investment abroad. Central and eastern Europe has become attractive for non-European .
The privatization of CSA Czech Airlines was thrown into doubt Wednesday after Air France-KLM withdrew from the tender because of the downturn in the industry and after examining the Czech carrier's books, leaving just one bidder left in the process. Air France-KLM made a non-binding offer on this share: "Air France-KLM in a letter will today make a non-binding expression of interest in order to have access to detailed documentation on the company". According to the airline, the Czech government Korean Air and Qatar Airways have expressed interest in the privatisation of Czech Airlines (CSA), two sources familiar with the government's sale process said on Wednesday. The Finance Ministry is in the early stages of preparing the sale of the state Air France-KLM wants to fly east. The company said Monday it is submitting a nonbinding expression of interest to access the Czech Airlines’ data as part of its strategy to gain strength in central and eastern Europe. The Czech government, which wants to .
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