Pegasus Airlines to Acquire Czech Airlines and Smartwings Advised by Addleshaw Goddard and Kinstellar

"Addleshaw Goddard and Kinstellar advised Pegasus Airlines on its EUR 154 million acquisition of Czech Airlines and Smartwings (including receivables); Dentons reportedly advised the sellers. The deal, which would add Smartwings’ 47-aircraft fleet to Pegasus’s 127 aircraft and expand its European footprint, remains subject to regulatory approval."

Addleshaw Goddard and Kinstellar advised Pegasus Airlines on its acquisition of Czech Airlines and its subsidiary Smartwings; Dentons reportedly advised the sellers. The transaction is valued at EUR 154 million, including related receivables, and remains subject to regulatory approval. According to Addleshaw Goddard, the acquisition will significantly expand Pegasus Airlines, Turkiye’s leading low-cost carrier, across Europe by adding Smartwings’ 47-aircraft fleet to Pegasus’s existing 127 aircraft. Czech Airlines, one of the world’s oldest airline brands, together with Smartwings, represents a strategic platform for Pegasus’s continued international growth. Addleshaw Goddard represented Pegasus Airlines with a team composed by: Partners Daniel Cousens and Malgorzata Szwaj; Counsel Christopher Quinn; Managing Associates Michal Szperzynski, Zuzanna Oldfield, Klaudia Sliwka, Wojciech Podlasin, Barbara Wanat, and Filip Stawicki; Associates Wiktoria Burdzy, Justyna Tuleja, and Yuliia Stepanyk; and Junior Associate Aleksandra Kasprzak. Kinstellar represented Pegasus Airlines with a team composed by: Partner Jaan Juroska; Managing Associates Michal Kniz and Iva Bilinska; Associates Zuzana Konecna, Artom Gnedin, and Pavel Hrdy; and Junior Associates Antonin Seidel and Michal Jandus.

Pegasus Airlines to Acquire Czech Airlines and Smartwings Advised by Addleshaw Goddard and Kinstellar

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads