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| Czech Republic’s historic airline announces plans for major downsizing |
| Prag, 25.02.2021 |
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| Czech Airlines have told the Labour Office that they are preparing to sack up to all of its 430 employees, the daily Hospodářské noviny wrote on Wednesday. The national carrier has been impacted heavily by the coronavirus crisis, is in deep debt, and cannot expect help from the government. Smartwings, which owns Czech Airlines, earlier in February asked the government for a CZK 1.1 billion rescue package, but the request was declined.
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