All Smartwings articles

  • Israir A320 title-c-Israir
    News

    Israeli operator Israir to introduce another pair of A320s

    2023-08-07T09:59:00Z

    Israir Group’s board has approved the introduction of another pair of Airbus A320s to develop the Israeli operator’s fleet. The two aircraft will be dry-leased and arrive in 2024, according to the company, if an agreement is finalised. Israir Group says the decision is part of a management plan to ...

  • Israir Airbus-c-Israir
    News

    Israir Group agrees six-month extension to Smartwings negotiations

    2023-08-01T16:16:00Z

    Israeli operator Israir Group has agreed a six-month extension to the deadline for completing negotiations over its proposed acquisition of Czech carrier Smartwings. Israir Group says the 180-day extension – which commences on 4 August – has been agreed with Smartwings shareholders. The negotiations between the parties concern particular aspects ...

  • Israir A320-c-Israir
    News

    Israir pays deposit to advance Smartwings acquisition talks

    2023-07-05T05:30:00Z

    Israir Group has paid a €500,000 ($544,000) deposit in favour of Chinese firm CITIC Group, as part of the Israeli operator’s negotiations to take over Czech airline Smartwings. CITIC is linked to the Chinese economics ministry and holds just over 49.9% of Smartwings. Israir Group has been negotiating with Smartwings’ ...

  • Israir A320-c-Israir Group
    News

    Israir granted extension to Smartwings talks with Chinese investors

    2023-06-28T06:35:00Z

    Israeli leisure operator Israir Group has been granted an extension to complete negotiations with Chinese interests regarding its proposed acquisition of Czech carrier Smartwings. Israir Group says the extension will run to 3 July. Aspects of the discussions include the deposit of €500,000 ($547,000) in favour of CITIC Group, which ...

  • Smartwings 737-c-Smartwings
    News

    Israir to submit Smartwings transaction proposal to Chinese shareholder

    2023-06-05T05:23:00Z

    Israir Group has outlined the requirements to bid for the Chinese shareholding of Czech carrier Smartwings, of which the Israeli leisure company is pursuing an acquisition. China’s economics ministry, through CITIC Group, holds 49.92% of Smartwings while the 50.08% balance is owned by entities controlled by investors Roman Vik and ...

  • Smartwings 737 Max 8-c-Smartwings
    News

    Israir claims ‘positive’ signs from Smartwings shareholders

    2023-05-10T07:08:00Z

    Israeli operator Israir Group has received a “positive indication” from shareholders in Smartwings regarding its proposal to take over the Czech airline. Israir Group has been pursuing an acquisition of Smartwings for several months and is trying to seal a binding agreement for the carrier. Its proposal has centred on ...

  • Israir A320-c-Israir Group
    News

    Israir holding ‘intensive’ talks over Smartwings acquisition

    2023-04-11T06:12:00Z

    Israeli leisure operator Israir Group states that it is conducting “intensive negotiations” with Czech carrier Smartwings’ owners, in order to reach agreement to acquire the airline. Although the company says the tender process has advanced, it reiterates that it might not be the only contender and “does not know” whether ...

  • Israir A320-c-Israir Group
    News

    Israir Group awaiting progress update on Smartwings bid

    2023-01-12T10:03:00Z

    Israeli leisure operator Israir Group is expecting to learn more about the status of its bid for Czech carrier Smartwings in the second half of January. Israir Group submitted a formal proposal to acquire Smartwings last year. It has yet to confirm whether its offer – which included a takeover ...

  • Israir title-c-Israir
    News

    Israir details updated bid for Smartwings

    2022-11-30T06:30:00Z

    Israeli carrier Israir has detailed its binding offer for Czech operator Smartwings, but has yet to discover whether it will be successful. Israir says the transaction, if accepted, would be valued at €44 million which includes €8 million for the entire share capital of Smartwings. Another €12 million would be ...

  • Smartwings 737-c-Smartwings
    News

    Israeli carrier Israir lines up bid for Czech operator Smartwings

    2022-11-04T17:46:00Z

    Israeli leisure carrier Israir has identified Czech budget operator Smartwings as the target of a takeover offer. Israir, which was acquired by an investment firm last year, had disclosed earlier this year that it was participating in a private process with a view to acquiring the entire share capital of ...

  • Flydubai
    News

    Flydubai to wet-lease 737-800s from Smartwings

    2022-10-14T10:47:00Z

    Flydubai is again looking to Smartwings for leased capacity going into the busy seasonal travel period.

  • Smartwings 737 Max Antarctica-c-Smartwings
    News

    Smartwings claims first 737 Max flight to Antarctica

    2022-01-26T12:22:00Z

    Czech carrier Smartwings has conducted a Boeing 737 Max service to Antarctica, landing the aircraft at the Troll airfield on 26 January. The airline says the Max 8 twinjet (OK-SWB) is the first from the re-engined family to arrive in Antarctica. Troll station is sited on the edge of Antarctica ...

  • smartwings livery Boeing 737 Max
    News

    Smartwings exits creditor protection after securing loan

    2021-03-26T18:37:00Z

    Smartwings has signed a Kc2 billion ($90 million) loan agreement with a syndicate of banks under the the Czech Government’s Covid Plus support programme helping it to come out of a moratorium with creditors it has been in since the pandemic hit. The Kc2 billion loan with four banks ...

  • Czech Airlines
    News

    Czech Airlines files for reorganisation

    2021-02-26T16:55:00Z

    Czech Airlines (CSA) has filed for reorganisation under insolvency regulations as “the last option to save the company” unless it receives government financial support.

  • Orange2Fly A320 incident title
    News

    A320 veered off runway as late hydraulic failure 'surprised' pilots

    2021-02-19T10:50:00Z

    Pilots of an Airbus A320 were caught out by a hydraulic failure as the aircraft landed at Burgas, their reaction leading the twinjet to veer off the runway and come to rest on rough ground. Operating for Smartwings, the Greek-registered Orange2Fly aircraft had suffered a leak in its green ...

  • Cabin crew
    In depth

    How many jobs have Europe’s airlines cut in 2020?

    2020-12-24T12:15:00Z

    Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.

  • Czech Airbus
    News

    Czech carriers apply for protection to stabilise finances

    2020-08-26T21:40:00Z

    Czech operator Smartwings Group has formally sought temporary creditor protection to buy time to achieve financial stability during the air transport downturn. Smartwings Group, which includes both Smartwings and Czech Airlines, says it has filed with a Prague court for an extraordinary moratorium. The temporary measure provides space ...

  • Smartwings 737 cockpit
    News

    Smartwings 737 inquiry recommends psychological appraisal of captain

    2020-07-26T16:40:00Z

    Czech investigators probing the incident in which a Boeing 737-800 proceeded to its destination without diverting, despite suffering engine failure early in the flight, have recommended that its captain should undergo psychological assessment. Investigation authority UZPLN says the unusual recommendation for a psychological examination at the Czech Institute of ...

  • Smartwings 737
    News

    Smartwings 737 captain 'hid' engine failure to continue flight to Prague

    2020-07-25T12:17:00Z

    Czech investigators have revealed that a Boeing 737-800 captain misled air traffic control over a serious engine failure and ignored the first officer’s urging a diversion, in order to press on to Prague, the flight’s original destination. Investigation authority UZPLN states that the captain’s poor decision-making – disregarding several ...

  • smartwings livery Boeing 737 Max
    News

    Smartwings seeks support on financing not state ownership

    2020-05-18T15:58:00Z

    Czech airline operator Smartwings Group insists it is only pressing for government support on financing through the crisis rather than wanting it to take a holding in the company. The group, which includes Czech Airlines as well as leisure operator Smartwings, was the focus of fresh speculation after the ...