December 2025 – Kinstellar, in collaboration with Addleshaw Goddard, is proud to have advised on the landmark acquisition of Czech Airlines (ČSA) and Smartwings by low-cost carrier Pegasus Airlines for EUR 154 million (CZK 3.8 billion).
This significant transaction, which includes the entire share capital of Smartwings Group and its liabilities, is expected to close by 2026, pending regulatory approval.
Both Smartwings and Pegasus will continue to operate under their respective brands as they focus on growth, safety, and enhancing customer experience.
Led by Jan Juroška (Partner) and Michal Kní~ (Managing Associate), the team included Iva Bilinská (Managing Associate), Zuzana Konečná, Arťom Gnědin, Pavel Hrdý (Associates), and Antonín Seidel, Michal Jandus (Junior Associates).