All Smartwings articles

  • Smartwings 737-c-Smartwings

    Israir Group remains keen on Smartwings despite hold-up in negotiations


    Israir Group has indicated that it is still interested in pursuing Czech carrier Smartwings, but that its previous proposed transaction might need to be amended.

  • Boeing

    Ryanair and Transavia among growing list of airlines making Tel Aviv return


    Ryanair and Transavia France are among carriers to have announced in the past few days that they will resume flights to Tel Aviv on 1 February, as more operators reverse the suspension of operations that followed the outbreak of war between Israel and Hamas.

  • Israir A320 title-c-Israir

    Israeli operator Israir to introduce another pair of A320s


    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

    Israir Group agrees six-month extension to Smartwings negotiations


    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

    Israir pays deposit to advance Smartwings acquisition talks


    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

    Israir granted extension to Smartwings talks with Chinese investors


    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

    Israir to submit Smartwings transaction proposal to Chinese shareholder


    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

    Israir claims ‘positive’ signs from Smartwings shareholders


    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

    Israir holding ‘intensive’ talks over Smartwings acquisition


    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

    Israir Group awaiting progress update on Smartwings bid


    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

    Israir details updated bid for Smartwings


    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

    Israeli carrier Israir lines up bid for Czech operator Smartwings


    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

    Flydubai to wet-lease 737-800s from Smartwings


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

  • Smartwings 737 Max Antarctica-c-Smartwings

    Smartwings claims first 737 Max flight to Antarctica


    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

    Smartwings exits creditor protection after securing loan


    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 is ...

  • Czech Airlines

    Czech Airlines files for reorganisation


    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

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


    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 hydraulic ...

  • Cabin crew
    Airline Business

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


    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

    Czech carriers apply for protection to stabilise finances


    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 to negotiate ...

  • Smartwings 737 cockpit

    Smartwings 737 inquiry recommends psychological appraisal of captain


    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 Aviation ...