Czech Government decides to end Czech Aeroholding

The state entity Czech Aeroholding will be merged with Prague Airport and thereby dissolved, per a government order.

Czech Aeroholding, which was establish in 2010, has been the sole owner of the entire airport infrastructure in Prague. By combining the units, its operating costs will be reduced, and the relationships and processes within the group will be significantly simplified.

Czech Aeroholding used to own Czech Airlines, but sold off its position in 2016, following a rescue package of 150 million kronor to the airline in 2014.