Czech Deal for Combat Planes ‘Complicated’

By John Lee.

The weak Czech crown is complicating the reccently-agreed sale of the Czech L-159 combat aircraft to Iraq, according to reports from Prague Monitor and Hospodarske noviny (HN).

The Czech government now wants Penta, the owner of the mediating firm Aero Vodochody, to pay it 850 million crowns ($35 million, 41 billion Iraqi dinars), 100 million crowns more than originally agreed.

Aero Vodochody will make the aircraft combat ready and provide equipment, ammunition and training, and may earn billions of crowns from the subsequent servicing of the aircraft.

(Source: Prague Monitor)

2 Responses to Czech Deal for Combat Planes ‘Complicated’