ČSA shows profit of CZK 55.65m thanks to allowances sale

Published: 28.03.2022 Related countries:  United Arab Emirates United Arab Emirates

Czech Airlines (ČSA) reported a pre-tax result of CZK 55.65m for 2021.

Revenues from the sale of own products and services amounted to CZK 673.12m and operating consumption to CZK 1.01bn. The sale of emission allowances had a positive effect on the final result. The documents filed in the insolvency register also show, inter alia, that the insolvency administrator does not record any facts that would justify the need to suspend ČSA's operations or to convert the reorganisation into bankruptcy.

Source: CIA NEWS