• Home
  • About
    • Where has GhettoIFE gone?
    • For PR’s and Agencies (Changes and Corrections)
    • Privacy Policy
  • Snapshots
  • Trip Reports
  • Travel Plus…
    • … Technology
    • … Photography

Economy Class & Beyond

You are here: Home / News / Korean Air formalises 44% stake in CSA

Korean Air formalises 44% stake in CSA

12/04/2013 by Kevincm

Skyteam member Korean Air has taken a 44% share in fellow member CSA Czech Airlines

This will split the ownership of CSA Czech Airlines between the Czech Republic (56%) and Korean Air (44%). There is a provision that Korean Air must have a holding of 34% for up to five years.

Korean Air will expand its network at Prague, with increased codeshares on CSA and connection timings. Meanwhile Korean Air will lease a Airbus A330-300 to CSA so they can launch a Prague-Seoul route.

This will allow CSA and Korean to operate a 7 day a week service.

Korean Air’s  CEO Yang Ho Cho said

“We have known Czech Airlines for a number of years, during which we have both been part of the SkyTeam alliance. Our successful codeshare collaboration only confirms that our decision to become a strategic partner of the Czech national carrier, culminating in our signing of the contract, is the correct decision.”

This is an interesting move by Korean Air who are attempting to replicate what Ethihad has done with one airline – abide taking a larger share of an airline.

Lets hope it pays off for them…

 

 

 

Related

Filed Under: News Tagged With: CSA Czech Airlines, Korean Air

  • Bluesky
  • Email
  • Instagram
  • Mastodon
  • RSS
  • Threads

Recent Posts

  • Last Week at Economy Class and Beyond (7th June)
  • Data Storage Adventures with a UGreen NASync – PART 6: My next steps, Backup Strategies and some resources
  • Lumo gears up for Stirling – London Route launch
  • Data Storage Adventures – With UGreen NASync – PART 5 Growing the Storage Pool
  • United Airlines partners with Spotify for content

Email Newsletter

Sign up to receive email updates daily and to hear what's going on with us!

Privacy Policy
Copyright © 2025 Economy Class & Beyond All Rights Reserved.
Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Economy Class & Beyond with appropriate and specific directions to the original content.