Pegasus acquires Smartwings and Czech Airlines for €154 million
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Pegasus Hava Taşımacılık AŞ bought Smartwings and Czech Airlines for a total of 154 million euros, including debt, and the carrier, founded in 1998, now serves 80 destinations in 20 countries.
To meet conditions set by the Czech Competition Authority, Pegasus surrendered some of the newly acquired Prague‑Antalya slots.