Future of Czech Airlines being decided

The supervisory board of Czech Airlines is meeting to decide on a definitive plan for restructuring the struggling carrier which made record losses in the first half of the year. The main focus will be on extracting pay cuts from employees and cutting the 4,600 workforce. The government is due to decide by the end of the month whether to go ahead with Czech Airlines' privatisation and accept the sole bid from the Unimex-Travel Service consortium.