"It doesn't solve the fundamental problem of a small ... state-owned flag carrier competing with maj

The Czech state had wanted an outside investor to help its loss-making airline restructure and cope with difficult conditions in Europe as a result of the economic crisis, high fuel costs and competition from low-cost airlines such as Ryanair.
Smaller airlines in central Europe have had a tough time in Europe's economic downturn, with Austrian Airlines taken over by Lufthansa, Hungary's Malev gone bankrupt and Poland's LOT struggling with mounting debts.
Czech Airlines is one of Europe's oldest carriers but has had to sell a substantial part of its assets, including cargo, servicing and handling operations, under a restructuring programme over the past few years.
"It doesn't legend tom cruise movie solve the fundamental problem of a small ... state-owned flag carrier competing with major network legend tom cruise movie carriers and low-cost carriers in Europe," he told Reuters at an aviation conference in Barcelona.
Korean Air said it was confident in the Czech airline and did not plan to take part in managing the firm. "Our company is not interested in participating in the management of CSA," Korean legend tom cruise movie Air President and Chief Operating Officer Chang Hoon Chi said at a signing ceremony legend tom cruise movie with Czech Prime Minister Petr Necas.
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