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Czech Airlines

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Founded6 October 1923 (1923-10-06)Commenced operations29 October 1923 (1923-10-29)Ceased operations26 October 2024 (2024-10-26) (as an airline)AOC #CZ-1HubsVáclav Havel Airport PragueAllianceSkyTeam (2000–2024)Fleet size6 (operated by Smartwings)HeadquartersPrague, Czech RepublicRevenue CZK 9.5 bn (2014)Operating income CZK 285 m (2016)Total assets CZK 2.2 bn (2014)Total equity CZK (0.3) bn (2014)Employees587Websitecsa.czCzech Airlines (abbreviation: ČSA, Czech: České aerolinie, a.s.) is a Czech airline brand…

SmartwingsSmartwingsFounded1997 (1997)Operating basesVáclav Havel Airport PragueSubsidiariesSmartwings HungarySmartwings PolandSmartwings SlovakiaFleet size41Destinations44Parent companyCzech AirlinesHeadquartersPrague, Czech RepublicKey peopleEmre PekesenNur KarabacakEmployees2,438Websitewww.smartwings.comSmartwings, a.s. (formerly Travel Service, a.s.) is a Czechairline with its head office on the property of Václav Havel Airport Prague.Pegasus AirlinesPegasus AirlinesFounded12 January 1991 (1991-01-12)Operating basesAdana/MersinAnkaraAntalyaBodrumDalamanErcanIstanbulIstanbul–Sabiha GökçenİzmirKayseriSamsunTrabzonFrequent-flyer programPegasus BolBolSubsidiariesPegasus CargoFleet size130Destinations156Parent companyESAS HoldingTraded asBİST: PGSUSRevenue €3.08 billion (2024)Operating income €574 million (2024)Net income €367 million (2024)Total assets €7.82 billion (2024)Total equity €2.06 billion (2024)Employees6,164 (December 2023)Websitewww.flypgs.comPegasus Airlines (Turkish: Pegasus Hava Taşımacılığı A.Ş.)AirlineAirlineCompany that provides air transport services for passengers and freightA Boeing 777 of United Airlines, the largest airline in the world by fleet size.Air trips per capitaAn airline is a company that provides a regular service of air transportation for passengers or freight (cargo). Airlines use aircraft to supply these services. Many passenger airlines also carry cargo in the belly of their aircraft, while dedicated cargo airlines focus solely on freight transport.Low-cost carrierLow-cost carrierAirline with generally lower fares Aero K Airbus A320-214 (registered HL8562) taxiing at Taoyuan International Airport. Ryanair and Wizz Air are the two major ULCCs in the European market. A low-cost carrier (LCC) or low-cost airline, also called a budget or discount carrier or airline, is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries for cheaper fares.Flag carrierFlag carrierTransport company with preferential statusA Boeing 777-300ER of Korean Air, the flag carrier of South KoreaA flag carrier is a transport company, such as an airline or shipping company, that, being locally registered in a given sovereign state, enjoys preferential rights or privileges accorded by that government for international operations.Czech languageCzech languageCzech ( ; endonym: čeština), historically known as Bohemian ( ; Latin: lingua Bohemica), is a West Slavic language of the Czech–Slovak group, written in Latin script. Spoken by over 12 million people including second-language speakers, it serves as the official language of the Czech Republic. Czech is closely related to Slovak, to the point of high mutual intelligibility, as well as to Polish to a lesser degree.Czech RepublicCzech RepublicThe Czech Republic, also known as Czechia and historically known as Bohemia, is a landlocked country in Central Europe. The country is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic has a hilly landscape that covers an area of 78,871 square kilometers (30,452 sq mi) with a mostly temperate continental and oceanic climate.Holding companyHolding companyCompany that owns other companies' outstanding stock A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to create a corporate group. Holding companies also conduct trade and other business activities themselves.Joint-stock companyJoint-stock companyA joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.BrandBrandIdentification for a good or serviceApple Inc. was the world's most valuable brand in 2024 according to Brand Finance.The Coca-Colawordmark is a distinctive brand logo used to attract the attention of people attending a sporting event, or watching it on television.A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers.TurkeyTurkeyTurkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a smaller part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia, Armenia, Azerbaijan, and Iran to the east; Iraq, Syria, and the Mediterranean Sea to the south; and the Aegean Sea, Greece, and Bulgaria to the west. Turkey is home to over 86 million people; most are ethnic Turks, while Kurds are the largest ethnic minority.BankruptcyBankruptcyBankruptcy is a legal process through which people or other entities who cannot repay debts to may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term bankruptcy is not a synonym for insolvency. EtymologyThe word bankruptcy is derived from Italianbanca rotta, literally meaning 'broken bank'.

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