CSA Q1 Loss Widens To USD$51 Million

Czech Airlines (CSA) posted a first quarter loss of USD$50.87 million, wider than last year's loss of USD$44.03 million, the company said Thursday.

Revenue fell to USD$214.53 million from USD$282.26 million a year ago. Operating loss was USD$45.65 million, versus USD$35.15 million last year.

The state-owned airline is due to be sold later this year.