Pegasus

Pegasus Airlines announced, on October 1, 2026, that it had completed the acquisition of Smartwings Group, the largest… Pegasus Airlines completes its acquisition of Czech group Smartwings appeared first on AeroTime.

The airlines operate 175 aircraft combined and will maintain separate brands. Turkish carrier Pegasus Airlines has completed its acquisition of Czech Airlines and its low-cost unit Smartwings, 10 months after emerging as a bidder. The airlines operate a combined fleet of more than 175 aircraft and hold orders for 140 more. Smartwings and Czech Airlines… The post Pegasus completes acquisition of Czech Airlines and Smartwings first appeared on FlightGlobal.

Malaysia-based budget carrier will also ramp up operations to Istanbul from 2027. AirAsia has entered into a codeshare agreement with Turkish low-cost operator Pegasus Airlines, marking the first time it has partnered with another carrier. The partnership, announced on 2 September, will see AirAsia add its code to Pegasus-operated flights from Istanbul to five European… The post Turkish low-cost operator Pegasus becomes AirAsia’s first-ever codeshare partner first appeared on FlightGlobal.

While attention has focused on easyJet's likely acquisition by an investment firm, Apollo Global Management, another European airline M&A, the transaction has been making progress. The late Jul-2026 approval of Pegasus Airlines' planned acquisition of Smartwings Group by Türkiye's competition authority increases the likelihood that the deal will close. EU regulatory approvals are still required, but the combination of Europe's number nine and number 29 airline groups (by seats) is closer to becoming a reality. Pegasus has around four times the aircraft numbers of Smartwings, and nearly eight times its annual seat capacity. Unlike the easyJet deal, this one would be a genuine - if small - step towards the consolidation of the sector.

The US State Department has approved a $4.5 billion sale of four Boeing KC-46A Pegasus aerial refueling aircraft… US approves $4.5 billion sale of four Boeing KC-46A tankers to Qatar appeared first on AeroTime.