Airline News

State-owned Czech Airlines (CSA), which is likely to be privatised next year, reduced its first half loss to 175 mln crowns, down 77 pct, or 600 mln crowns year-on-year, thanks to an increase in the number of passengers and a rise in the average yield per passenger and kilometre, the company said.

forbes.com

Labels: czech airlines, loss, privatisation

The Italian government scrapped the planned privatisation of loss-making national airline Alitalia on Wednesday and said it would look for other solutions to rescue the ailing carrier.

theage.com.au

Labels: Alitalia, privatisation