French daily reports Air France-KLM weighing ČSA bid
The French-Dutch airliner Air France-KLM is reportedly weighing a bid for ČSA, the Czech national carrier, up for sale by the Czech government. According to the French daily La Tribune, the airline could offer as much as 200 million euros for the 91.5 percent stake - the equivalent of 5.6 billion crowns (or around 255 million US dollars). A spokesperson for Air France-KLM on Wednesday said the company was looking carefully into the sale but did not confirm the amount of the potential bid. The Czech government is hoping to announce a buyer by September 30. Others firms interested in ČSA include Aeroflot and reportedly also Lufthansa.