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…
Korean
Tag Archives for Korean.
Korean Air has their A380
Korean Air took delivery of its first A380. The only 380 in the world to feature all business class upstairs, a duty free lounge and an in-flight luxury lounge for business and First customers with bar, sofas and TV. Their pilots are getting assessed. The Korean government aviation authority will approve the massive plane and then the sixth airline in the world will start flying between Seoul-Incheon and Tokyo-Narita on June 17. Flights to USA and Europe will follow. I hope to fly Korean’s A380 in October. That will be my fourth airline A380 experience. I have flown Emirates,…
Recent Comments