Chech_airlines
Photo credit: www.csa.cz

In 2017, Czech Airlines transported aboard its aircraft a total of 2.9 million passengers and 9,228 tons of cargo and mail. A total of 2.68 million passengers traveled on Czech Airlines regular scheduled routes, which represents a year‑on‑year improvement of over 18%. Last year, the average load factor on Czech Airlines regular scheduled routes improved year-on-year by 6 percentage points, reaching 81.1%. Czech Airlines operated a fleet of 18 aircraft in 2017.

More than 220 thousand additional passengers were transported by Czech Airlines on flights for other air carriers to whom the company leased its aircraft on a short‑term basis.

Jozef Sinčák, Chairman of the Czech Airlines Board of Directors, said that favorable conditions prevailed in the aviation industry segment despite the last year’s significant rise in oil prices. As he explained the economics of nearly all EU countries continued to grow, together with demand for flights to Prague and that of Czechs traveling abroad. Czech Airlines was able to use the conditions to its advantage and improve all basic transport indicators year‑on‑year. He also stated that they expanded the fleet by another ATR 72 aircraft, launched operations on two new routes, increased the number of operated flights by more than 6% year‑on‑year, the seating capacity by nearly 10% and the use of jet‑engine aircraft by almost 4%. The average seat load factor also grew, by 5.7 percentage points, reaching 81.1%. Last year, we transported 18.3% more passengers year‑on‑year on the routes to/from Prague.

Chech_airlines
Photo credit: www.csa.cz

Czech Airlines does not plan to launch new routes this year. One Airbus A319 will leave Czech Airlines’ fleet in May. Its capacity will be replaced via ACMI lease of an Airbus A321 in the 2018 summer season. Jozef Sinčák also added that this year, they will pay even greater attention to the quality of provided services and focus on enhancements of the existing network and operated routes. They plan to increase the capacity on routes to selected destinations by the use of larger aircraft and launch additional frequencies on some routes.

Czech Airlines does not plan to launch new routes this year. One Airbus A319 will leave Czech Airlines’ fleet in May. Its capacity will be replaced via ACMI lease of an Airbus A321 in the 2018 summer season. Sinačak added that this year, they will pay even greater attention to the quality of provided services and focus on enhancements of the existing network and operated routes. They plan to increase the capacity on routes to selected destinations by the use of larger aircraft and launch additional frequencies on some routes.

After approvals of the transaction between Korean Air Lines Co., Ltd., PRISKO a.s. and Travel Service, a.s., are granted by respective Offices for the Protection of Competition in several countries are granted, Travel Service, a.s., will become Czech Airlines majority shareholder.

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