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Travel Service (Czech Republic)
Encyclopedia
Travel Service Airlines is an airline
based in the Czech Republic
, a subsidiary of Icelandair Group
. It has a Budapest-based subsidiary Travel Service Kft
. Its low cost short-haul scheduled flights are operated under brand SmartWings.
On 18 September 2007, the Icelandair Group
acquired 50% stake in the carrier and purchased further shares in 2008.
The Travel Service fleet consists of the following aircraft (at June 2011):
Airline
An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...
based in the Czech Republic
Czech Republic
The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....
, a subsidiary of Icelandair Group
Icelandair Group
Icelandair Group hf is an Icelandic travel industry corporation, the owner of the airline Icelandair and numerous other travel industry companies...
. It has a Budapest-based subsidiary Travel Service Kft
Travel Service (Hungary)
Travel Service Hungary, trading as Travel Service, is an airline based in Hungary, operating charter flights out of Budapest Ferihegy International Airport...
. Its low cost short-haul scheduled flights are operated under brand SmartWings.
On 18 September 2007, the Icelandair Group
Icelandair Group
Icelandair Group hf is an Icelandic travel industry corporation, the owner of the airline Icelandair and numerous other travel industry companies...
acquired 50% stake in the carrier and purchased further shares in 2008.
History
In 2007, the company carried 2,2 million passengers. in 2008, carried 2,3 million passengers| million CZK | 2005 | 2006 | 2007 | 2008 | 2009 |
|---|---|---|---|---|---|
| Operating revenues | 4,391 | 4,844 | 5,818 | 6,511 | 7,006 |
| Operating profit | 40 | 73 | 205 | 384 | 344 |
| Net profit after tax | (25) | 15 | 156 | 4 | 212 |
| Assets | 1,074 | 1,205 | 1,564 | 2,226 | 1,653 |
| Equity | 70 | 62 | 237 | 158 | 409 |
| Liabilities | 1,004 | 1,143 | 1,327 | 2,068 | 1,245 |
Fleet
| Aircraft | In Fleet | Orders | Options | Notes |
|---|---|---|---|---|
| Airbus A320-211 | 7 | 0 | 0 | 1 operated by Strategic Airlines Strategic Airlines Strategic Airlines Pty Ltd, trading as Air Australia Airways is a scheduled passenger and charter airline with its head office in Hendra, Brisbane, Australia,... 1 operated by Air Sweden Air Sweden Air Sweden is an airline based in Stockholm, Sweden, which operates charter flights out of Stockholm-Arlanda Airport, and worldwide aircraft lease services... 1 operated by Nouvelair Nouvelair Nouvelair Limited Company is a Tunisian airline with its registered office in Tunis, while its head office in the Dhkila Tourist Zone in Monastir, near the Hôtel Sahara Beach. The airline operates tourist charters from European cities to Tunisian holiday resorts... 4 operated by SmartLynx Airlines |
| Boeing 737-500 | 2 | 0 | 0 | both in SmartWings livery |
| Boeing 737-800 | 17 | 5 | 0 | 1 operating for Iraqi Airways Iraqi Airways Iraqi Airways Company, operating as Iraqi Airways , is the national carrier of Iraq, headquartered on the grounds of Baghdad International Airport in Baghdad. One of the oldest airlines in the Middle East, Iraqi Airways operates domestic and regional service... |
| Boeing 787-8 | 0 | 1 | 1 | |
| Cessna 680 | 2 | 0 | 0 | |
| Total | 27 | 6 | 1 |