Despite bankruptcy: CSA plans expansion and negotiates with Airbus

CSA at Stuttgart Airport (Photo: Jan Gruber).
CSA at Stuttgart Airport (Photo: Jan Gruber).

Despite bankruptcy: CSA plans expansion and negotiates with Airbus

CSA at Stuttgart Airport (Photo: Jan Gruber).
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The airline CSA, which is in insolvency proceedings, intends to operate a total of 2022 routes in the summer flight schedule of 15. That is ten more than is currently served. At the same time, negotiations are in progress with Airbus about new aircraft.

Most of the routes that are to be offered from Prague in the summer flight schedule 2022 are planned with aircraft from the parent company Smartwings. She is currently working intensively on a reorganization plan for CSA. The deadline for submitting this was extended with the approval of the court.

The CSA fleet has meanwhile shrunk to an Airbus A319 and an A320. The "comeback", which is to be achieved in the summer flight schedule of 2022, is therefore mainly based on the Boeing 737-800 machine type used by Smartwings. The daughter is supposed to rent these and their staff from the mother.

CSA is currently using an unusual source of income to stay airborne. Due to the corona pandemic, but also because of the bankruptcy proceedings, significantly less carbon dioxide is being emitted. The certificates allocated free of charge by the state, which are based on planning “before Corona”, are tradable and are being sold. With the income, the carrier can stay in the air on a much smaller scale despite insolvency proceedings.

The Lidovky.cz portal reports that the Smartwings Group is in negotiations with Airbus about a new aircraft for CSA. In the previous year an order for four A220-300 and three A321XLR was canceled. A spokesman for the group confirmed the talks with the aircraft manufacturer and told the medium, among other things:

“Czech Airlines has already started negotiating the terms with Airbus and I firmly believe that the reorganization process will conclude with the successful negotiation of new contracts. In the context of insolvency proceedings, a party to such proceedings must by law terminate all financially disadvantageous contracts. And CSA just did that and canceled the contract with Airbus ”.

CSA destinations for summer 2022 at a glance:

  • Amsterdam: twice a day
  • Brussels: twice a day
  • Rome: 4x a week
  • Paris: 3 times a day
  • Barcelona: twice a day
  • Madrid: 1x a day
  • Helsinki: 3 times a week
  • Stockholm: twice a week
  • Copenhagen: 4x a week
  • Sofia: 3 times a week
  • Moscow: 1x daily
  • Kiev: twice a day
  • Keflavik: 3 times a week
  • Luqa (Malta): 1x per week

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