Pegasus Airlines completes its acquisition of Czech group Smartwings

On October 1st, 2026, Pegasus Airlines finalized the purchase of Smartwings Group, marking a significant consolidation within the European aviation industry. This acquisition establishes Smartwings Group as the largest airline in the Czech Republic and one of the foremost carriers across Central and Eastern Europe. The transaction represents a strategic move for Pegasus Airlines, expanding its operational footprint and bolstering its market presence. Following completion, Smartwings Group will operate under the Pegasus Airlines umbrella, integrating into the broader network. Details regarding specific integration timelines and operational changes are currently unavailable but were announced by Pegasus Airlines.