Pegasus Airlines to purchase Czech Airlines and Smartwings in bold European expansion

Pegasus Airlines has taken a significant step towards its international growth ambitions with an agreement to acquire Czech Airlines—one of the world’s oldest airline brands—and its subsidiary Smartwings, the leisure carrier based in the Czech Republic. This strategic investment is designed to strengthen Pegasus Airlines’ presence in Europe and support its ongoing global expansion. The […]

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Image of CSAT's new paint shop © Czech Airlines Technics

Czech Airlines Technics begins aircraft paint shop construction

MRO & Production

Czech Airlines Technics (CSAT) is expanding its services this autumn to include aircraft painting. Construction of the new paint shop in Hangar S at Václav Havel Airport Prague began in April and is expected to be completed by October. With an investment of 75 million crowns, the Prague Airport subsidiary plans to paint approximately 25

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ALC places four A220-300 aircraft on lease with Czech Airlines

Aircraft & Engines

Air Lease Corporation (ALC) has placed four new Airbus A220-300 aircraft on long-term lease with Czech Airlines. All four aircraft are scheduled to deliver to the European airline in 2024 from ALC’s order book with Airbus. “We are pleased to announce this lease placement for four new Airbus A220 aircraft with Czech Airlines,” said Steven Udvar-Házy,

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Czech Airlines Technics and GA Telesis to launch joint service for ATR turboprop aircraft

MRO & Production / Leave a Comment

Czech Airlines Technics (CSAT), a daughter company of the Czech Aeroholding Group providing aircraft maintenance services, has signed a Memorandum of Understanding with GA Telesis (GAT), a US-based key player within the aviation and aerospace industries, at the MRO Europe in London. Based on the agreement, the two companies are to form an integrated supply

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GA Telesis and Czech Airlines Technics sign Letter of Intent to form partnership

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GA Telesis and Czech Airlines Technics have signed a Memorandum of Understanding to form an integrated supply chain partnership to support GA Telesis’ new ATR fleet iGEAR support service. With this announcement, GA Telesis will begin providing ATR fleet operators with an integrated flight hour support program with CSAT providing repair and consignment pooling in

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Czech Airlines reports 2007 profit of CZK 111 million

Financial / Leave a Comment

According to preliminary results, after years of losses, Czech Airlines reported a profit of CZK 111 million . Its financial results are more than half a billion crowns better than in 2006, when its finances ended up with a loss of CZK 396 million. The plan for 2007 had expected a profit in the range

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