Pegasus Airlines completes acquisition of Czech Airlines and Smartwings Group
Based on · First reported · Updated
- Pegasus Airlines completed its acquisition of Czech Airlines and the Smartwings Group on 1 October 2026, creating a combined fleet of more than 175 aircraft.
- The deal includes firm orders for 140 additional aircraft and sees Pegasus appoint Emre Pekesen as CEO and Nur Karabacak as CFO of Smartwings, while Smartwings will continue operating under its Smartwings and Czech Airlines brands.
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