Czech Airlines Technics Launches Aircraft Paint Shop Construction
This autumn, Czech Airlines Technics is expanding its service portfolio to include aircraft painting. The construction of the new paint shop in Hangar S at Václav Havel Airport Prague started in April and should be completed in October this year. The Prague Airport subsidiary has responded to the increased demand for the service with this investment of 75 million crowns and plans to paint approximately 25 aircraft per year in the future.
Czech Airlines Technics Is Profitable for the First Time since the Pandemic, Generating Profit of 41 Million Crowns Last Year
Czech Airlines Technics (CSAT), a daughter company of Prague Airport, has recorded a financially successful year for the first time since 2019. Thanks to the gradual resumption of operation of the entire segment, the increase in the volume of the services provided, and the full use of available capacity, the EBITDA operating profit increased by 45 million crowns year-on-year to 64 million and the company recorded a net profit of 41 million crowns for the first time since the Covid-19 pandemic outbreak.