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Saturday, 21 March 2009 22:43 |
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Czech financial group Unimex and charter airline Travel Service placed a joint bid for the state-owned Czech Airlines on Friday. The Czech government wants to privatize its 91.51 percent stake in the carrier, expecting to receive around 4.5 billion crowns, or nearly 230 million US dollars, in revenue. Other bidders that have expressed interest in the sale of Czech Airlines include Air France KLM (3112.FR) and Russian carrier Aeroflot. Czech officials hope to finalize the privatisation by the end of 2009.
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Last Updated on Thursday, 19 November 2009 12:51 |
