Tag Archives for Adria.

All about OptionTown

Another way of unbundling has reached my attention. Using the services of Optiontown, I got an upgrade last week, with Air Asia at nominal cost. The way it worked was this: I completed my online  booking with Air Asia I then navigated to  Optiontown and retrieved my airline booking Chose the upgrade option I wanted Paid a small non refundable fee to apply for the upgrade. Fees can be paid by Credit Card or Paypal Paid a second fee equivalent to 50% of the usual upgrade price. This fee is refunded five days after the flight if upgrade does…

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Korean buys Czech Air

Korean Air finalised its 44 percent investment in CSA (Ceske Aerolinie AS), the Czech government owned flag carrier on April 11, 2013 for a nominal price of 2.64 million euros ($US3.4m). The government said: “We only had two options: either find a strategic partner or consider liquidation of CSA”. Korean was the only bidder for the carrier, although Qatar expressed an interest. If the European Commission loosens regulations on foreign ownership of EU carriers then Korean Air will have first option to buy the remaining 56% stake held by the government owned holding company.  If this occurs in the next twelve months, then the price…

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