Pegasus completes acquisition of Czech Airlines and Smartwings Group
Pegasus has finalized the purchase of Czech Airlines and the Smartwings Group after securing the required regulatory approvals and meeting closure conditions.1
The deal expands Pegasus' footprint in the Central and Eastern European market, creating a combined fleet of more than 175 aircraft and adding 140 confirmed aircraft orders, while the airline already serves 161 destinations across 57 countries with a young, fuel‑efficient fleet; Smartwings brings a strong holiday‑focused air transport presence, and the acquisition is projected to boost Pegasus' long‑term growth and create new opportunities for passengers, staff and partners.1