All Smartwings articles
-
NewsIsrair 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 ...
-
News
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 ...
-
News
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 ...
-
News
Flydubai to wet-lease 737-800s from Smartwings
Flydubai is again looking to Smartwings for leased capacity going into the busy seasonal travel period.
-
News
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 ...
-
News
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 ...
-
News
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.
-
News
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 ...
-
In depth
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.
-
News
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 ...
-
News
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 ...
-
News
Smartwings 737 captain 'hid' engine failure to continue flight to Prague
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 ...
-
News
Smartwings seeks support on financing not state ownership
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 ...
-
News
Flydubai leases Smartwings 737s to offset Max problems
Czech carrier Smartwings is to wet-lease four Boeing 737-800s to the Middle Eastern operator Flydubai, to help offset a capacity loss from the 737 Max grounding.
-
News
Inquiry probes 737's extended flight after engine failure
Czech investigators have detailed a serious incident in which a Smartwings Boeing 737-800 departing the Greek island of Samos continued its flight to Prague despite an engine failure as the aircraft reached cruise altitude.
-
News
PICTURE: Travel Service takes first of 10 737 Max 8s from GECAS
Travel Service Airlines has received its first Boeing 737 Max 8, one of 10 the Czech airline is taking on operating lease from GE Capital Aviation Services (GECAS).
-
News
Travel Service to acquire almost all of Czech Airlines
Czech Airlines is to be taken over by rival operator Travel Service, following an agreement by Korean Air and asset-management firm Prisko to dispose of their stakes in the flag-carrier.
-
News
Travel Service signs 737 Max leases with ALC
Czech carrier Travel Service has agreed an operating lease contract with US lessor Air Lease for two new Boeing 737 Max 8 aircraft.
-
News
LHT wins more CFM56 maintenance work from Travel Service
Czech leisure carrier Travel Service has extended its engine MRO contract with Lufthansa Technik.
