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Travel Service becomes second biggest shareholder in Czech Airlines

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The Czech Republic’s national carrier Czech Airlines is no longer a state-owned company. This week, its majority stake has moved into the hands of private companies. Travel Service company, a member of Unimex Group, announced on Tuesday that it has finalised a purchase of 34% of the Czech air carrier after action on the purchase option offered by Korean Air. It therefore becomes Czech Airline’s second largest shareholder.

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