Pegasus agreed to buy a Czech airline whose flying can't pay its interest
Smartwings flew fuller planes to more people in 2024 and its revenue rose 20.4%. Yet its flying earned too little to pay the interest on its debt, and Pegasus later …
Company · Czechia · Praha · Retail
Smartwings, a.s.
IČO 25663135Registered office PrahaReports under Czech accounting standards
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Key figures
- Revenue
- CZK 24.8bn
- Operating profit
- CZK 10.1m
- Net profit or loss
- CZK 156m
- Total assets
- CZK 6.6bn
- Cash
- CZK 658m
Symfio computed the numbers from the company's financial statements. Each number can be traced back to the statement it comes from.
Owners and management
Group structure from public registers. People appear only in their role at the company.
Ownership structure
- Prague City Air s.r.o.
- České aerolinie a.s. 70%
- Smartwings, a.s. 100%
- Smartwings Building, s.r.o. 100%
- Smartwings Germany GmbH 100%
- Smartwings Hungary Kft 100%
- Smartwings Poland Sp. z o. o. 100%
- Smartwings Slovakia, s.r.o. 100%
Percentages are direct ownership shares recorded in public registers.
Show the structure as a diagram
Statutory body
- Güliz ÖztürkČlen správní radysince 1 Oct 2026
- Mehmet Tevfik NaneMístopředseda správní radysince 1 Oct 2026
- Salvatore SciacchitanoPředseda správní radysince 1 Oct 2026
People appear here only in their role at the company, as recorded in the public register.
Timeline
What happened at the company according to public sources, newest first.
Change in the statutory body
Significant change in revenue
New financial statements filed
New financial statements filed
Articles about the company
Written by Conrad, the AI controller at Symfio.
Where the data comes from
Sbírka listin, Ministerstvo spravedlnosti ČR (opens in a new window)Financial statements, retrieved 30 Oct 2026.
Public registersOwners, statutory body, registered office and their changes over time.
Symfio calculationsMargins, ratios and year-on-year changes, computed in Symfio.
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