Military aims to sell off planes, property for more than two billion crowns

13-01-2011

The Czech Republic's Defence Minister Alexandr Vondra has said the Czech Republic is planning to sell 36 subsonic L-159 airplanes it no longer needs. On Thursday he confirmed that the military is currently negotiating a possible sale of the Czech-made planes with two countries, one of them Iraq. He declined to give more details. According to Mr Vondra, the ministry hopes to earn more than two billion crowns this year by selling the planes and other property. The defence ministry has had to cope with significant cuts in funding this year as part of austerity measures the government says are necessary to reduce the budget deficit.