Czech Airlines

ČSA-Czech Airlines
ČSA-České Aerolinie
IATA ICAO Callsign
OK CSA CSA-LINES
Founded6 October 1923 (1923-10-06)
Commenced operations29 October 1923
HubsVáclav Havel Airport Prague
Frequent-flyer programOK Plus
AllianceSkyTeam
Fleet size2[1]
Destinations5[2]
Parent company
HeadquartersPrague, Czech Republic
RevenueDecrease CZK 9.5 bn (2014)[3]
Operating incomeIncrease CZK 285 m (2016)[3]
Total assetsDecrease CZK 2.2 bn (2014)[3]
Total equityDecrease CZK (0.3) bn (2014)[4]
Employees587
Websitewww.czechairlines.com

Czech Airlines (abbreviation: ČSA, Czech: České Aerolinie, a.s.) is the flag carrier of Czech Republic. Its head office is located in the Vokovice area of Prague's 6th district and its hub is Václav Havel Airport Prague.

ČSA is the fifth oldest airline in the world, after Dutch KLM (1919), Colombian Avianca (1919), Australian Qantas (1920), and Soviet/Russian Aeroflot (1923). It was the first airline in the world to fly regular jet-only routes (between Prague and Moscow).[5] The airline runs a frequent flyer programme called "OK Plus" about the airline's International Air Transport Association designation, as well as the term of approval; OK also featured prominently in its previous livery, and is the prefix of Czech aircraft registrations. It is a member of the SkyTeam alliance.

When, in 2018, 97.74% of Czech Airlines was bought by the privately owned[6] Smartwings, ČSA became a part of the Smartwings Group. The remaining 2.26% of ČSA was owned by insurance company Česká Pojišťovna.[7] ČSA filed for bankruptcy in March 2021 and went through an extensive business restructuring, exiting in June 2022.[8][9] As of 2022, ČSA was under a new ownership structure with a new parent company called Prague City Air s.r.o. owning 70% of the company, with Smartwings retaining the remaining 30%.

Czech Airlines will end its flight operations in October 2024, handing them over to Smartwings while being repurposed into a holding company for both airlines.[10]

  1. ^ Cite error: The named reference airfleets.net was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference destofficial was invoked but never defined (see the help page).
  3. ^ a b c Annual Report 2014
  4. ^ Accounting statements of Český Aeroholding, a.s. for 2014, page 11, auditor Deloitte Audit s.r.o.
  5. ^ Cite error: The named reference Zeman70 was invoked but never defined (see the help page).
  6. ^ JOHNSTON, RAYMOND. "TRAVEL SERVICE BUYS CZECH AIRLINES". Prague TV. Archived from the original on 2021-08-01. Retrieved 2020-07-30.
  7. ^ "Travel Service to Become the Majority Owner of Czech Airlines". 7 October 2017.
  8. ^ "Stát ČSA nepomůže, věřitelé schválili jejich reorganizaci. Do výboru zasedli i zástupci Korean Air". Zdopravy.cz (in Czech). 2021-06-09. Retrieved 2021-09-08.
  9. ^ "ČSA oslavily 99 let. Až překonají stovku, chtěly by létat i s Airbusy A220-300". Airways.cz (in Czech). Retrieved 2022-10-11.
  10. ^ Cite error: The named reference ch-smart was invoked but never defined (see the help page).

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