Aviation

Pegasus completes acquisition of Czech Airlines and Smartwings Group

Based on · First reported

  • Pegasus has finalized the purchase of Czech Airlines and the Smartwings Group after securing the required regulatory approvals and meeting closure conditions.
  • 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.
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