Overview
- The signed agreement covers both carriers and related receivables and envisions operating Pegasus and Smartwings as distinct brands with coordinated networks and fleets.
- Pegasus highlights its low-cost model, a fleet expanded to 127 aircraft, and service to 158 destinations in 55 countries, while Smartwings and Czech Airlines bring a combined fleet of 47 and about 80 destinations.
- The companies say the tie-up aims to extend affordable connectivity across Europe, strengthen resilience, and accelerate a digital, customer-focused strategy.
- CEO Güliz Öztürk framed the move as opening a new growth chapter for Pegasus through shared expertise with Czech Airlines and Smartwings.
- Sellers, including co-founder Jiří Šimáně, called Pegasus an ideal new owner for long-term expansion, and reporting notes earlier takeover talks with Poland’s LOT have ended.