Pegasus completes Czech Airlines, Smartwings Group takeover

Pegasus Airlines finalized the acquisition of Czech Airlines and Smartwings Group following regulatory approvals and meeting all closing conditions. This transaction significantly broadens Pegasus’s international reach by integrating two well-established airline businesses. The combined fleet now surpasses 175 aircraft, representing a substantial increase in operational capacity. Further growth is anticipated through existing firm orders for additional aircraft. The deal marks a key expansion strategy for Pegasus within the European aviation market.