CSA files for insolvency, retires all ATRs

On 2 March, CSA has filed for insolvency and will undergo a voluntary restructuring of the company. During the restructuring, the airline will continue to operate but did decide to retire the final two ATR72s. This leaves CSA with a fleet of just a single A319 (OK-REQ, 4713) and a single A320 (OK-HEU, 1885). When needed, the airline also wet-leases B737-capacity from owner Smartwings.

CSA has been financially struggling for quite a while, even resulting a brief impounding of two ATR72s earlier this year. Smartwings has been negotiating aid from the government for CSA for months, but so far both parties haven't reached a solution, resulting in the voluntary restructuring under insolvency proceedings.

Photo by Anton Homma.