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Pegasus completes €142.3 million acquisition of Czech Airlines and Smartwings

Pegasus Airlines has completed its acquisition of Czech Airlines and Smartwings Group after securing all required regulatory approvals and satisfying closing conditions. The combined operation covers 175 aircraft, with the Czech and Turkish carriers retaining separate brands as Pegasus expands its European footprint.

2026-10-01T09:20:47.692592-07:00

Airline Industry & Market Trends

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Pegasus completes €142.3 million acquisition of Czech Airlines and Smartwings

Pegasus Airlines has completed its acquisition of Czech Airlines and Smartwings Group after securing all required regulatory approvals and satisfying closing conditions. The combined operation covers 175 aircraft, with the Czech and Turkish carriers retaining separate brands as Pegasus expands its European footprint.

6 sources Bookmark this story

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