Air France KLM withdraws tender for CSA

Air France KLM has announced its decision to withdraw from the tender process for the privatization of Ceske aeroliniea.s. (CSA). 

Air France KLM believes that given the current economic climate, it would be best for CSA to focus on developing and implementing a stand-alone recovery plan aimed at restoring its profitability.

Air France KLM has said that it wishes to further strengthen the existing partnership between the two groups and to continue to explore any avenues which could be mutually beneficial to both companies.


Source = e-Travel Blackboard: 
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