Smartwings Acquisition

Pegasus Airlines has announced it has completed the acquisition of Czech Airlines and Smartwings. Both brands will continue to operate separately

The Czech Competition Authority has conditionally approved the €154 million deal, but the decision is not yet final

Pegasus Airlines CEO, following the acquisition of the Czech airline for 154 million euros: "We didn’t start aviation in Türkiye, but we transformed it. And now, we’re ready to take the next step in our growth story"

Turkish airline Pegasus acquires the Czech company, including part of Czech Airlines, to expand its destination network and enhance passenger experience