newstodate.aero
May 04, 2010 (newstodate): The Government of the Czech Republic has now approved the plan for restructuring CSA over the coming three years to return the carrier to profitability by 2012.
The main concept is to emphasize the core business and change the transportation network model.
According to the plan, the parent company Czech Airlines will increasingly focus on its core business scheduled air carriage, divesting itself of other sections that demonstrate the potential of being able to function on their own commercially.
A confirmed plan is the separation of charter carriage, and under consideration is the sale of the airline's technical maintenance and the Czech Airlines Training Centre.
Unprofitable routes will be axed from the 2010/2011 flight schedule, affecting some 30 percent of the existing network, and the aircraft fleet will be reduced correspondingly.
The aircraft fleet will comprise Airbus aircraft only, while the existing fleet of Boeing aircraft will be sold before 2012.
The main concept is to emphasize the core business and change the transportation network model.
According to the plan, the parent company Czech Airlines will increasingly focus on its core business scheduled air carriage, divesting itself of other sections that demonstrate the potential of being able to function on their own commercially.
A confirmed plan is the separation of charter carriage, and under consideration is the sale of the airline's technical maintenance and the Czech Airlines Training Centre.
Unprofitable routes will be axed from the 2010/2011 flight schedule, affecting some 30 percent of the existing network, and the aircraft fleet will be reduced correspondingly.
The aircraft fleet will comprise Airbus aircraft only, while the existing fleet of Boeing aircraft will be sold before 2012.