According to CSA, it is not stopping operations, it is restructuring

CSA is not stopping operations, it is preparing a restructuring to save the company, company spokeswoman Vladimíra Dufková. Part of the restructuring is the intention of collective redundancies, which the company has notified to the Labor Office in recent days. However, according to the company, this is only an intention and does not necessarily mean the dismissal of all employees. Hospodářské noviny (HN) stated today that CSA is going to lay off all 430 employees.

The airline has been hit by the effects of the coronavirus epidemic, but state aid cannot be counted on. The airlines are under a protective moratorium against creditors, which expires at the end of February. "CSA does not stop operations in any case, the restructuring process aimed at rescuing CSA continues. The intention of mass redundancies, which CSA announced to the Labor Office, is one of the steps in the restructuring measures," Dufková said.

The airlines continue to count on all scheduled flights according to current flight schedules. With regard to the development of the epidemiological situation in individual countries, they also envisage the renewal of some lines. "CSA will continue to operate its flights in the most economical mode with regard to the market situation," the spokeswoman added.

Today, HN, the chairwoman of the Trade Union for Aircraft Crews, Tereza Löffelmanová, informed about the intention of mass redundancies at CSA. "I can confirm that we have received a notice of mass redundancies," she told the newspaper. According to her, employees do not yet know the plan for how the company wants to survive the coming weeks.

Sources: CTK, CSA and Hospodářské noviny