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Czech regulator conditionally approves Pegasus’ €154 million acquisition of Smartwings and Czech Airlines

Czech competition authorities have conditionally cleared Pegasus Airlines’ planned acquisition of Smartwings Group, which includes Czech Airlines, after the Turkish low-cost carrier agreed to surrender summer slots on the Prague–Antalya route. The approval follows Turkey’s authorization and removes a major regulatory hurdle to closing the €154 million deal.

Discovered 2026-09-13T13:29:18.566745-07:00 | 2026-09-13T13:29:18.566745-07:00

Briefing

What Hype is tracking

The conditional clearance advances Pegasus’ €154 million expansion into Central Europe and follows approval from Turkish regulators, bringing the Smartwings and Czech Airlines transaction closer to completion.
Required summer slot divestments on the Prague–Antalya route show the competitive constraints attached to the deal and could alter capacity and scheduling for competing carriers.
The transaction adds to Pegasus’ European footprint amid a broader push by the carrier to expand internationally, following its approval to acquire Smartwings Group in Turkey.

Reported By

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