What Happened
Turkish Carrier Agrees To Slot Surrender For Provisional Approval
The Czech regulator has provisionally cleared Pegasus Airlines’ acquisition of Smartwings, with the Turkish budget carrier agreeing to surrender slots to secure the approval. This move is part of a broader trend of consolidation in the European aviation market. The acquisition, reported by FlightGlobal, marks a significant development in the region’s airline landscape, with potential implications for competition and market dynamics.