Korean Air takes minority stake in Czech Airlines
- 11 years ago
Korean Air has taken a forty four percent stake in Czech Airlines (CSA).
That provides a financial lifeline for the state-owned carrier which was facing bankruptcy.
The Koreans paid a nominal price of 2.64 million euros and will help restructure the loss-making airline, but will not be involved with day-to-day management.
...
http://www.euronews.net/
That provides a financial lifeline for the state-owned carrier which was facing bankruptcy.
The Koreans paid a nominal price of 2.64 million euros and will help restructure the loss-making airline, but will not be involved with day-to-day management.
...
http://www.euronews.net/