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Travel Service (airline)

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Smartwings (till December 2018 Travel Service a.s.)[2] is a largest Czech airline, with its head office on the property of Václav Havel Airport Prague in Ruzyně, 6th district, Prague.[3] It operates scheduled and chartered flights, mainly to leisure destinations, and also wet and dry leases aircraft to other airlines. It owns 98 % of Czech Airlines, and has subsidiaries in Poland, Hungary and Slovakia.

Smartwings
SmartWings logo.svg
IATA ICAO Callsign
QS[1] TVS SKYTRAVEL
Founded1997[2]
Operating basesVáclav Havel Airport Prague
Focus cities
Subsidiaries
Fleet size39[when?]
Destinations92
HeadquartersPrague, Czech Republic
Key people
  • Jiří Šimáně
  • Roman Vik
  • Jiří Jurán
Websitewww.travelservice.aero

Contents

HistoryEdit

In 2007, the company carried 2.2 million passengers, one year later about 2.3 million passengers. In 2014, it carried 4.3 million passengers, about 1.2 of them on regular flights under the brand name SmartWings.[4]

On 18 September 2007, the Icelandair Group acquired 50% stake in the carrier and purchased further shares to bring its holding to 80% by April 2008. In December 2008 it reduced its holding to 66% by selling shares to the other shareholders, Unimex.[5][6] In 2009 their stake was further diluted to 50.1% through a new share issue, and they also sold a portion of their stake to fellow owners reducing their holding to 30%[7][8] In 2009 Icelandair spun its 30% stake in Travel Service into a new company, that was the taken over by Icelandair's creditors. Chinese investment group CEFC China Energy holds a 49.9% stake in Travel Service.[9] Travel Service owns 98 percent of Czech Airlines, it bought 64 % from Prisko and Korean Air in 2017. Before, it owned 34 %, bought in 2014.

In October 2017 it was announced that Travel Service plans to change its branding from an Airline to a Holding Company and will move all of its operations under the SmartWings brand.[10] In 2018, it was announced that Travel Service liveries on the airplanes will be replaced by SmartWings livery.[11] Also, deliveries of the new Boeing 737 MAX began.

Travel Service was renamed SmartWings in December 2018.[12]

Business figuresEdit

 
SmartWings head office in Prague
Selected financial results of Travel Service, a.s.
million CZK 2005 2006 2007 2008 2009
Operating revenues 4,391 4,844 5,818 6,511 7,006
Operating profit 40 73 205 384 344
Net profit after tax (25) 15 156 4 212
Assets 1,074 1,205 1,564 2,226 1,653
Equity 70 62 237 158 409
Liabilities 1,004 1,143 1,327 2,068 1,245

DestinationsEdit

FleetEdit

 
SmartWings received its first Boeing 737 MAX in January 2018
 
Boeing 737-800 in former Travel Service livery
 
SmartWings also operates private business jets

Current fleetEdit

As of December 2018 the SmartWings fleet consists of the following aircraft:[13][14][15]

Travel Service fleet
Aircraft In Service Orders Passengers Notes
C Y Total
Boeing 737-700 2 148 148
Boeing 737-800 29 18 150 168 One in Moravian-Silesian Region livery
One operated for Czech Airlines
189 189
Boeing 737-900ER 2 212 212
Boeing 737 MAX 8 6 33[16] 189 189[16] Deliveries 2018–2021
Total 39 33

Business jet fleetEdit

SmartWings also operates business jets that are available for private air charter.[17] As of January 2017 the business jet fleet consists of the following aircraft:

Travel Service business jet fleet
Aircraft In Service Orders Passengers Notes
Cessna Citation Sovereign 3[18] 9
Cessna Citation Sovereign+ 1[18] 9
Cessna Citation Longitude 1[19] 9 Delivery in 2018
Total 4 1

Previously operatedEdit

ReferencesEdit

  1. ^ "IATA - Airline and Airport Code Search". iata.org. Retrieved 11 April 2015.
  2. ^ a b "Výpis z obchodního rejstříku - Travel Service, a.s." (in Czech). Ministry of Justice of the Czech Republic.
  3. ^ "Travel Service Contacts". Travel Service, a.s.
  4. ^ "Travel Service hlásí za loňský rok skoro o pětinu víc cestujících" (in Czech). Novinky.cz. Retrieved 20 January 2015.
  5. ^ Annual Report of Travel Service 2007
  6. ^ "Icelandair Group signs LOI to acquire Czech airline operator Travel Service". Air Transport World. Retrieved 13 May 2007.
  7. ^ "Icelandair Group hf. Prospectus - October 2010" (PDF). euroinvestor.dk.
  8. ^ "Icelandair Group sells 20% of its share in the Czech airline Travel Service". euroinvestor.dk. Retrieved 26 November 2009.
  9. ^ "Chinese-backed firm Travel Service to take over Czech Airlines". Reuters. 6 November 2017. Retrieved 30 November 2017.
  10. ^ https://www.ch-aviation.com/portal/news/60187-czech-airlines-has-new-owner-as-travel-service-ups-stake Travel Service Rebrand]
  11. ^ "Travel Service mění nátěr letadel. Místo červené bude oranžová a logo SmartWings". Zdopravy.cz (in Czech). 2018-03-16. Retrieved 2018-03-31.
  12. ^ https://zdopravy.cz/konec-ery-travel-service-akconar-schvalili-zmenu-jmena-na-smartwings-20558/
  13. ^ "CAA Czech Republic".
  14. ^ Travel Service Fleet retrieved 8 July 2016
  15. ^ "Global Airline Guide 2017 (Part One)". Airliner World (October 2017): 13.
  16. ^ a b "iDnes". idnes.cz. Retrieved 5 January 2017.
  17. ^ "Business jet". Travel Service. Retrieved 10 January 2017.
  18. ^ a b "Travel Service rozšíří flotilu business jetů, první v Evropě kupuje novou Cessnu". E15.cz (in Czech). Retrieved 2017-03-11.
  19. ^ "Travel Service objednal letoun Cessna Citation Longitude" [Travel Service orders Cessna Citation Longitude]. planes.cz (in Czech). 24 October 2016. Retrieved 26 October 2016.
  20. ^ "Planes.cz".
  21. ^ "Planes.cz".

External linksEdit

  Media related to Travel Service at Wikimedia Commons