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Smartwings, a.s. (formerly Travel Service, a.s.)[2] is the 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, but also operates from France, Canary Islands and Israel.

Smartwings
Smartwings logo.svg
IATA ICAO Callsign
QS[1] TVS SKYTRAVEL
Founded1997[2]
Operating basesVáclav Havel Airport Prague
Focus cities
Subsidiaries
Fleet size41
Destinations92
HeadquartersPrague, Czech Republic
Key people
  • Jiří Šimáně
  • Roman Vik
  • Jiří Jurán
Employees1,230
Websitewww.smartwings.com

Contents

HistoryEdit

 
Former Travel Service Boeing 737-800 (2013 photo)

In 2007, the company carried 2.2 million passengers, and 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 up 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; 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, which was taken over by Icelandair's creditors. Chinese investment group CEFC China Energy now 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 planned to transfer its branding from an airline to a holding company, and would move all of its operations under the Smartwings brand.[10] In 2018, it was announced that the Travel Service livery would be replaced by the Smartwings livery.[11] Also in that year, deliveries of the new Boeing 737 MAX began.

Travel Service was renamed to Smartwings, the name of its former low-cost subsidiary, in December 2018.[12]

In March 2019, Smartwings announced plans to create a German subsidiary by late 2019, and to transition its Czech Airlines subsidiary to an all Boeing 737 fleet.[13]

Business figuresEdit

 
Smartwings head office in Prague
Selected financial results of Smartwings, a.s.[14]
million CZK 2012 2013 2014 2015 2016 2017
Operating revenues 15,010 13,992 15,558 16,902
Operating profit 86 149 274 488 71 20
Net profit after tax 47 158 60 192 193 (500)
Assets 1,998 2,798 2,993 3,728 4,458 4,342
Equity 575 735 777 982 1 981 1 443
Liabilities 593 1,315 1,320 1,470 2,384 2,771

DestinationsEdit

FleetEdit

 
Smartwings Boeing 737-800 (2018 photo)
 
Smartwings Boeing 737 MAX 8 (2018 photo)

Current fleetEdit

As of May 2019 the Smartwings fleet consists of the following aircraft:[15][16]

Smartwings fleet
Aircraft In Service Orders Passengers Notes
C Y Total
Boeing 737-700 2 148 148
Boeing 737-800 25 18 150 168 Two aircraft are leased from Swift Air.
189 189
Boeing 737-900ER 2 212 212
Boeing 737 MAX 8 7 32[17] 189 189[17] Deliveries until 2021
Total 36 32

Business jet fleetEdit

 
Smartwings also operates private business jets (Cessna Citation Sovereign)

Smartwings also operates business jets that are available for private air charter.[18] As of January 2017 the business jet fleet consists of the following aircraft:

Smartwings business jet fleet
Aircraft In Service Orders Passengers Notes
Cessna Citation Sovereign 4[19] 9
Cessna Citation Sovereign+ 1[19] 9
Cessna Citation Longitude 1 9
Total 5

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. ^ austrianaviation.net - "Smartwings establishes German subsidiary" (German) 7 March 2019
  14. ^ "Annual Report Zpráva nezávislého auditora k účetní závěrce a výroční zprávě za období od 01.01.2017 do 31.12.2017". eJustice. Rödl & Partner Audit, s.r.o. line feed character in |title= at position 14 (help)
  15. ^ "Global Airline Guide 2017 (Part One)". Airliner World (October 2017): 13.
  16. ^ https://www.planespotters.net/airline/Smartwings
  17. ^ a b "iDnes". idnes.cz. Retrieved 5 January 2017.
  18. ^ "Business jet". Travel Service. Retrieved 10 January 2017.
  19. ^ a b "Travel Service rozšíří flotilu business jetů, první v Evropě kupuje novou Cessnu". E15.cz (in Czech). Retrieved 2017-03-11.
  20. ^ "Planes.cz".
  21. ^ "Planes.cz".

External linksEdit

  Media related to Smartwings at Wikimedia Commons