Pegasus Airlines Acquires Smartwings in €154 Million Move to Boost European Growth Aviation News – Pegasus Airlines buys Smartwings for €154 million Pegasus Airlines will become the new owner of Smartwings, including the Czech Airlines brand, in a €154 million acquisition aimed at strengthening the Turkish low-cost carrier’s position in the European market. The deal follows extended negotiations between the companies. Smartwings, a Czech airline that also owns Czech Airlines, had been searching for a strategic partner to gain scale and remain competitive within the EU aviation landscape.

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Lufthansa Officially Bids for Portugal's TAP, Joining Air France-KLM German airline giant Lufthansa has formally expressed interest in acquiring Portugal's flag carrier TAP, signaling its latest move in a broader strategy to

Lufthansa Officially Bids for Portugal's TAP, Joining Air France-KLM

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