News European bidders ‘warned off Prague Airport and CSA’

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European bidders ‘warned off Prague Airport and CSA’

European operators and airlines are baying to get their hands on a portion of Prague Airport and its chief carrier.

European operators and airlines are baying to get their hands on a portion of Prague Airport and its chief carrier, but several obstacles may block their path, according to Czech newspaper the weekly Euro.

Without naming its sources, the paper claimed that the state run airport and flagship carrier CSA could be kept out of European hands as privatisation takes place. With reports now suggesting that CSA could be put up for bidding before the privatisation of the Prague Airport, the weekly Euro claimed that European bidders may be disregarded.

Receiving advice from Deloitte, the Czech government was said to be more favourable to bids from non-European carriers who would add value to the airport by making it a base for long-haul flights to the US or the Far East.

A corresponding scepticism towards European bidders was said to be figuring in decisions on the airport as well, with Czech authorities fearing that a European operator would scale down operations from Prague, prompting reports that they may only be allowed to bid under set conditions.

European groups Fraport, Hochtief, Abertis, Save, Grupo Ferrovial, and Meinl are said to be interested in making an approach for the airport, should the conditions be right.

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