A specialist transport website, zdopravy.cz, said the company had debts reaching 1.8 billion Czech crowns (70 million euros, $80 million).
AFP, Prague
PUBLISHED ON MAR 10, 2021 09:29 PM IST
A Czech court said on Wednesday it had declared bankruptcy on struggling national carrier Czech Airlines, following a request by the company itself.
“The court calls on the debtor’s creditors who have not registered their claims yet to do so within two months at the latest,” the Prague Municipal Court said.
A specialist transport website, zdopravy.cz, said the company had debts reaching 1.8 billion Czech crowns (70 million euros, $80 million).
Czech Airlines, a unit of the Prague-based Smartwings group, said last month it had filed a proposa…
Read the full article at: https://www.hindustantimes.com/world-news/czech-airlines-goes-bankrupt-as-covid-19-impacts-operations-101615390702135-amp.html
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- A specialist transport website, zdopravy.cz, said the company had debts reaching 1.8 billion Czech crowns (70 million euros, $80 million).
AFP, Prague
PUBLISHED ON MAR 10, 2021 09:29 PM IST
A Czech court said on Wednesday it had declared bankruptcy on struggling national carrier Czech Airlines, following a request by the company itself.
“The court calls on the debtor’s creditors who have not registered their claims yet to do so within two months at the latest,” the Prague Municipal Court said.
A specialist transport website, zdopravy.cz, said the company had debts reaching 1.8 billion Czech crowns (70 million euros, $80 million).
Czech Airlines, a unit of the Prague-based Smartwings group, said last month it had filed a prop…
Read the full article at: https://www.hindustantimes.com/world-news/czech-airlines-goes-bankrupt-as-covid-19-impacts-operations-101615390702135.html