Pegasus Airlines takes another step toward acquiring Smartwings

THE NEWS: Turkey’s competition authority approved Pegasus Airlines’ planned acquisition of Smartwings Group in late July 2026, increasing the likelihood that the deal will close.

DETAILS:

FAQ
When did Turkey’s competition authority approve Pegasus Airlines’ acquisition of Smartwings Group?
Turkey’s competition authority gave its approval in late July 2026, as noted in the announcement of Pegasus Airlines’ planned acquisition of Smartwings Group, which improves the chances the deal will be completed after the required EU regulatory clearances.

What are the seat‑capacity rankings of Pegasus Airlines and Smartwings Group in Europe?
Pegasus Airlines is ranked as Europe’s ninth‑largest airline group by seats, while Smartwings Group holds the twenty‑ninth position among European airline groups based on seat capacity, according to the ranking mentioned in the deal announcement.

What regulatory step remains before the Pegasus‑Smartwings deal can close?
EU regulatory approvals are still required, meaning the European Commission must grant antitrust clearance before the merger can be finalised under EU competition rules.

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