State run CSA asset manager shows profit

Czech Aeroholdings which is managing CSA and Prague Airport has posted revenue of Kc11.82bn and EBITDA of Kc2.6 billion ($130m) in its first full year results for the state aviation assets that were grouped together under the state run umbrella. This is without doubt an impressive beginning to a firm with assets that could not be sold off.to any bidder at one point. He management should be commended but they still have much to do before they can say it is job done and sell off the airline.