Company Watch - CSA Czech Airlines.Sep 17, 2007 CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. Czech Airlines CSA Czech Airlines (in Czech: České aerolinie (abbreviation: ČSA)) is the Czech national airline company, and former national carrier of Czechoslovakia based at Ruzyně International Airport, Prague. said on Sept. 13 it had slashed losses in the first half to CZK CZK In currencies, this is the abbreviation for the Czech Koruna. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 175 million crowns (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $8.8 million) from CZK773 million a year ago, as the company proceeded with a restructuring plan. The government agreed on Wednesday to sell the airline once the restructuring process is completed next year. CSA said operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. from scheduled and charter flights rose 6.4 percent to CZK10.3 billion. Sep 13, 2007 CSA Czech Airlines served 2.49 million passengers in the first half, up one percent from a year ago. CSA said the results confirmed the company was on track to meet its CZK42 million profit outlook for the full year, a swing from a loss of CZK397 million last year. "The improvement is driven by meeting the plan on the side of revenues and achieving higher cost savings," Chief Executive Radomir Lasak said in a statement. Sep 13, 2007 CSA Czech Airlines announced the conversion of eight Airbus A319 options stemming from its 2004 order for delivery in 2011-12. CSA, which is replacing its Boeing 737s, already has taken delivery of six A320s and two A319s. Four more A319s will arrive in 2008. Sep 13, 2007 CSA Czech Airlines said it had decided to retain a long-haul fleet, and may add the twin-aisle Boeing 767 or Airbus A330 planes to its portfolio if it finds affordable ones with the desired configuration on the market. CSA, a member of the Sky Team alliance which also includes Air France-KLM Air France-KLM (Euronext Paris: AF, NYSE: AKH) is an airline company incorporated under French law with its headquarters at Roissy-Charles de Gaulle Airport near Paris, France. , Delta Air Lines and Alitalia, operates a fleet of 50 mostly medium-haul aircraft. Sep 13, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new real-time service that keeps travelers informed on flight and airport status, delays, security wait times via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group. All rights reserved. |
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