Pegasus Airlines completes acquisition of Czech group Smartwings

· Aviation · Turkey · Czechia

Pegasus Airlines announced on October 1 that it completed its acquisition of Smartwings Group, the largest Czech carrier. The deal consolidates Turkish low-cost capacity with a Central European operator and its fleet.

Why it matters：Consolidation among low-cost and leisure carriers continues to reshape European short-haul competition, affecting route overlap, capacity and pricing across the region.

Key points

  • Pegasus announced completion on October 1.
  • Smartwings is described as the largest Czech airline group.

Sources (original reporting)

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