About Airport
Prague Airport is the operator of the most important international airport in the Czech Republic and the biggest airport among the new EU member states. In 2008, Prague Airport was voted the best Eastern European airport in the World Airport Awards pole. This international air hub yearly services between 11 and 12 million passengers who can choose from the offer of approximately 50 airlines connecting Prague with about 130 destinations worldwide by direct scheduled flights. There are also 5 regular cargo carriers and other tens of companies providing charter flights from there. Prague Airport operations generated a profit equal to one billion CZK in the year 2009. The company employs about 2,200 people and there are about additional 15,000 people employed by companies with presence at the airport or in another way linked with its activities.
On account of its exceptional location in the centre of Europe, Prague Airport is also becoming an increasingly important transit hub. Its long-term growth has been fuelled by the Czech Republic’s accession to the European Union in 2004 and its consecutive admission to the Schengen area. Since the end of March 2008, the handling of passengers and baggage destined for Schengen countries has been freed from customs and passport control. Czech Airlines with more than 40% of the airport operations share has been the largest carrier active at the airport while the most dynamically growing sector became that of the low-lost carriers.
A joint stock Company Prague Airport (Letiště Praha, a. s.) was founded in February 2008 as part of the privatization transformation of a state enterprise Správa Letiště Praha, s.p.. In line with the Czech Republic Government Memorandum Nr. 888 passed on July 9th, 2008, almost all assets of the state enterprise Správa Letiště Praha, s.p. were transferred into the joint stock company Prague Airport as its basic capital on December 1st, 2008. On the given date, Prague Airport assumed all rights and duties of the state enterprise, its employees, business authorisations, certificates and licenses, including all procedures and resources necessary for the airport operations.
The sole shareholder of the joint stock company became the Czech Republic represented by the Ministry of Finance. The joint stock company’s governing body is formed by a five-member Board of Directors and a Supervisory Board. Since December 1st, 2008, the remaining state enterprise Správa Letiště Praha, s.p. has administered only assets excluded from the privatization transformation, i.e. the company’s legal bearings towards land affected by restitutions or by duplicate entries. Prague Airport works closely with the Ministry of Transport of the Czech Republic, the Civil Aviation Authority, the Air Traffic Control of the Czech Republic, air carriers, public authorities within or outside of the aviation segment, airport users, the Capital City of Prague and municipalities in the airport’s vicinity.
General Characteristics Prague Airport, a joint stock company with the Czech Republic represented by the Ministry of Finance as its sole shareholder, manages operations at Prague, civil, international, airport. Prague Airport (further referred to as “PA”) was established on December 1st, 2008 upon its entry in the Commercial Register administered by the Municipal Court in Prague, Section B, Entry 14003.
Company Identification Data:
Business Name: Letiště Praha, a. s.
Registered Seat: K letišti 6/1019, 160 08 Praha 6
Identification Number: 282 44 532
Tax Identification Number: CZ282 44 532
Statutory Body Company’s Board of Directors
Auditing Body Company’s Supervisory Board Airport Operator
Letiště Praha, a. s. Letiště Praha - Ruzyně, 160 08 Praha 6 Tel.: +420 2 2011 1111, +420 2 9666 1111 Fax: +420 2 3535 0922