Pegasus Airlines completes acquisition of Czech Airlines and Smartwings Group
Based on · First reported · Updated
Sources
- Pegasus Airlines finalized its purchase of Czech Airlines and the Smartwings Group after obtaining all required regulatory approvals, including clearance from Czech competition authorities in September 2026, following a €154 million offer made in December 2025.
- The deal brings together fleets that now total more than 175 aircraft and expands Pegasus’s network to 161 destinations in 57 countries, while Smartwings continues to serve 80 destinations across 20 countries; Pegasus also secured firm orders for 140 new planes and agreed to give up some slots on the Prague‑Antalya route, and Smartwings’s fleet includes 39 aircraft such as Airbus A220s and various Boeing 737 models.
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