Smartwings financial results: revenue, profit, passengers & Pegasus deal

Aviation Intelligence Database · Airline profile

Airline profile

Company-reported performance, unit economics, balance-sheet and fleet metrics from FY2022 to the latest published period. Metrics are in the same order as the Airline Comparison tool.

— metrics in this profile FY2022 → Q2 2026 Updated — Next results —

At a glance

Latest reported period

Metrics

Full-year history

View
RReportedDirect company disclosure CCalculatedDerived from company figures GGroup-levelBroader than the airline entity DCompany-definedNon-standard measure —Missing dataNot stored, not disclosed or not applicable; see each cell

Analysis

What the numbers say

More detail

Additional disclosures

Guidance vs actual

Did the airline deliver?

What management guided at the start of each financial year compared with what was reported. Within the guided range = met; for cost metrics, below the range = beat.

Fleet & orders

Fleet composition

Key events

What moved the numbers

Peers

Compare with peers

FAQ

Frequently asked questions

Methodology

How to read this page

Every figure keeps the company’s own reporting period, currency, entity scope and terminology. Partial periods are not annualised, currencies are not converted and missing KPIs are not estimated. Core metrics follow the Airline comparison tool.

  1. Fiscal years are labelled by the calendar year in which they end (a year to 31 Mar 2025 appears as FY2025). The exact period end is shown in the first row, with a link to the source document.
  2. Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
  3. YoY change compares with the same period one year earlier: % change for amounts, percentage points (pp) for ratios. Green means favourable (for costs, a fall is favourable). n.m. = not meaningful.
  4. Operating margin uses operating profit or EBIT ÷ revenue. EBITDA, EBITDAR and their margins are separate disclosures and are not substitutes for operating profit or margin. Company-defined measures keep their source labels (marked D).
  5. Sources: annual reports, interim results and traffic statements. See Data & Research.
Text version of the Smartwings data on this page

Smartwings data snapshot

  • Scope: Smartwings Group (Czech Republic), incl. Czech Airlines and subsidiaries in Poland, Slovakia and Hungary
  • Region: Europe
  • Business model: Leisure travel
  • Financial year end: 31 Dec
  • Reporting currency: CZK
  • Source: Published accounts as reported by Czech press
  • Latest period: FY2024
  • Last updated: 2026-09-27

Latest read

Pegasus Airlines agreed in December 2025 to buy Smartwings for about €154 million (CZK3.8 billion), a deal that needs regulatory approval. Smartwings carried 6.5 million passengers in 2024, up 20% (8.3 million including third-party flying). Its latest published accounts show 2023 revenue of CZK20.3 billion and net profit of CZK288 million.

Reported metrics by period

Annual results

  • FY2024 (FY2024 · 31 Dec 2024): Passengers: 6.5m (Passengers; +20%. 8.3m including third-party operations); Flights / sectors flown: 53,000 (Flights to 318 airports). Source: Smartwings sale Q&A (Forbes Czech).
  • FY2023 (FY2023 · 31 Dec 2023): Revenue: CZK20.3bn (Revenue; +CZK1bn); Net profit: CZK288m (Net profit); Operating margin: 1.4% (Net margin) [Calculated]. Source: Smartwings sale Q&A (Forbes Czech).
  • FY2022 (FY2022 · 31 Dec 2022): Revenue: CZK19.3bn (Revenue; +235%); Profit before tax: CZK766m (Profit before tax; +2%); Net profit: CZK478m (Net profit; −24%, on higher interest on pandemic loans); Operating margin: 2.5% (Net margin (operating profit not in the source)) [Calculated]; Passengers: 5.2m (Passengers, plus 849,000 on third-party charters); Flights / sectors flown: 33,361 (Flights); Fleet size: 43 (Aircraft). Source: Smartwings 2022 results (Forbes Czech).
  • FY2021 (FY2021 · 31 Dec 2021): Revenue: CZK8.2bn (Revenue); Net profit: CZK766m (Net profit). Source: Smartwings 2022 results (Forbes Czech).

Sources