Court permitted reorganization of ČSA

Published: 11.06.2021 Related countries:  Egypt Egypt

Reorganization of Czech Airlines (ČSA) is to be compiled by the parent company Smartwings within 120 days.

The Municipal Court in Prague approved the reorganization of Czech Airlines (ČSA) as part of the insolvency proceedings. The reorganization plan is to be compiled by the parent company Smartwings within 120 days. This follows from a document published in the insolvency register.

Source:www.cianews.cz/en

Prepared by the team of CzechTrade Cairo