# Smartwings

> Czech low-cost airline

**Wikidata**: [Q1853488](https://www.wikidata.org/wiki/Q1853488)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Smartwings)  
**Source**: https://4ort.xyz/entity/smartwings

## Summary
Smartwings is a Czech low-cost airline established in 1997 and headquartered in Prague, Czech Republic. Operating as a commercial enterprise providing air transport services for passengers and freight, it functions under the ownership of the Unimex Group and maintains regional subsidiary airlines in Poland, Slovakia, and Hungary.

## Key Facts
- **Entity Type:** Business, Enterprise, Organization
- **Industry:** Airline (Air transport services for passengers and freight)
- **Description:** Czech low-cost airline
- **Founded (Inception):** 1997
- **Headquarters:** Prague, Czech Republic
- **Country:** Czech Republic
- **Aliases:** Travel Service, Travel Service, a.s., Travel Service Airlines
- **Official Website:** https://www.smartwings.com/
- **Membership:** Airlines for Europe (Trade association of European airlines, founded January 20, 2016, HQ: Brussels, Belgium)
- **Owner:** Unimex Group (Czech holding company, founded 1991, HQ: Prague, Czech Republic)
- **Subsidiaries:**
    - **Smartwings Poland** (Polish airline, founded 2012, HQ: Warsaw, Poland)
    - **Smartwings Slovakia** (Slovakian airline, founded 2010, HQ: Bratislava, Slovakia)
    - **Smartwings Hungary** (Hungarian airline, founded 2001, HQ: Budapest, Hungary)
- **Related Entities:**
    - **Czech Airlines** (Czech holding company/former airline, founded 1923/re-established 1992, HQ: Prague, Czech Republic)
    - **SmartWings** (Defunct brand of the company, founded 2004, HQ: Prague, Czech Republic)
- **Financials:**
    - **Revenue:** Reported between 10,328,369,000 and 29,923,276,000 CZK.
    - **Net Profit:** Ranged from -52,328,976 CZK to 467,493,000 CZK.
    - **Total Assets:** Ranged from 1,605,436,000 to 24,871,761,000 CZK.
- **Employees:** Reported figures of 1,158; 1,580; 2,438; and 2,625.

## FAQs
**What is Smartwings?**
Smartwings is a low-cost airline headquartered in Prague, Czech Republic. It operates as a commercial enterprise providing passenger and freight air transport services.

**Where is Smartwings located?**
The company is based in Prague, the capital city of the Czech Republic.

**Who owns Smartwings?**
The airline is owned by Unimex Group, a holding company based in the Czech Republic that was founded in 1991.

**What subsidiaries does Smartwings operate?**
Smartwings owns three regional airline subsidiaries: Smartwings Poland (established in 2012), Smartwings Slovakia (established in 2010), and Smartwings Hungary (established in 2001).

**What industry associations does Smartwings belong to?**
It is a member of Airlines for Europe, a trade association representing European airlines that was established on January 20, 2016.

**What is the relationship between Smartwings and Czech Airlines?**
Czech Airlines is a related entity to Smartwings. It is a Czech holding company and former airline that was originally founded on October 6, 1923, and later re-established on August 1, 1992.

## Why It Matters
Smartwings represents a significant entity in the Central European aviation sector, functioning as a major low-cost carrier based in the Czech Republic. Its corporate structure demonstrates substantial regional influence through its ownership of subsidiary airlines in Poland, Slovakia, and Hungary. The airline's financial data indicates a large-scale operation, with reported revenues reaching up to 29.9 billion CZK. Furthermore, its integration into the broader European aviation landscape is solidified by its membership in Airlines for Europe, and it is historically linked to the legacy of Czech Airlines. Ownership by the Unimex Group places it within a larger network of commercial enterprises in the region.

## Notable For
- Being a prominent low-cost airline in the Czech Republic.
- Operating a network of subsidiaries across Central Europe (Poland, Slovakia, and Hungary).
- Generating revenues in the tens of billions of CZK.
- Being a member of the Airlines for Europe trade association.
- Connection to Czech Airlines, a historic European carrier founded in 1923.
- Being owned by Unimex Group, a Czech holding company.

## Body

### Corporate Identity and Foundation
Smartwings is a Czech low-cost airline that commenced operations in 1997. It functions as an organizational unit producing services, classified as a business and enterprise. The airline has operated under several aliases, including Travel Service, Travel Service, a.s., and Travel Service Airlines. Its official online presence is located at https://www.smartwings.com/.

### Location and Ownership
The airline is headquartered in Prague, the capital of the Czech Republic. Smartwings is owned and operated by the Unimex Group, a holding company based in the Czech Republic. Unimex Group was founded in 1991 and maintains its headquarters at Václavské náměstí 53 in Prague.

### Subsidiaries and Brand Evolution
The company has expanded its operations through several subsidiary organizations:
- **Smartwings Poland:** Established in 2012, this Polish airline subsidiary is headquartered in Warsaw.
- **Smartwings Slovakia:** Established in 2010, this Slovakian airline subsidiary is headquartered in Bratislava.
- **Smartwings Hungary:** Established in 2001, this Hungarian airline subsidiary is headquartered in Budapest.
Additionally, "SmartWings" refers to a defunct brand of the company that was established in 2004 and was also based in Prague.

### Industry Relationships
Smartwings is actively involved in the European airline industry. It is a member of **Airlines for Europe**, a trade association founded on January 20, 2016, which is headquartered in Brussels. The company also shares a close relationship with **Czech Airlines**, a former airline and current holding company. Czech Airlines has a long history dating back to its inception on October 6, 1923, and was re-established on August 1, 1992. Like Smartwings, Czech Airlines is headquartered in Prague and has reported varying employee counts over time, ranging from 133 to 4,164.

### Financial and Operational Statistics
Smartwings has demonstrated significant financial scale through its reported operational data:
- **Revenue:** The company has reported annual revenues ranging from 10,328,369,000 CZK to 29,923,276,000 CZK.
- **Net Profit:** Profitability has fluctuated, with net profits reported as high as 467,493,000 CZK and losses reaching -52,328,976 CZK.
- **Total Assets:** The organization's total assets have been reported between 1,605,436,000 CZK and 24,871,761,000 CZK.
- **Employees:** The workforce size has varied, with documented figures of 1,158; 1,580; 2,438; and 2,625 employees.

## References

1. [Source](http://www.travelservice.aero/attachments/72/annual-report-2016-en.pdf)
2. [Source](https://www.smartwings.com/en/company-information)
3. [Výroční zpráva 2019 Smartwings, a.s.. annual report](https://or.justice.cz/ias/ui/vypis-sl-detail?dokument=64510426&subjektId=703122&spis=77624)
4. Access to Registers of Economic Subjects
5. [annual report](https://www.smartwings.com/images/vztahy-s-investory/audited-consolidated-financial-statements-ifrs-as-of-december-31-2018.pdf)
6. [Source](https://www.travelservice.aero/attachments/97/Audited_Consolidated_Financial_Statements__IFRS__as_of_December_31__2017.pdf)
7. Freebase Data Dumps. 2013
8. [annual report](https://www.smartwings.com/images/vztahy-s-investory/audited-consolidated-financial-statements-ifrs-as-of-december-31-2019.pdf)
9. [Source](https://www.gleif.org/lei-files/20170831/GLEIF/20170831-GLEIF-concatenated-file.zip)
10. Quora
11. [Seznam datových schránek : Právnické osoby. Ministry of the Interior](https://www.mojedatovaschranka.cz/sds/datafile?format=xml&service=seznam_ds_po)
12. [Regional Database of the Central Bohemian Research Library in Kladno](https://ipac.svkkl.cz/arl-kl/cs/detail-kl_us_auth-0373934-Travel-Service-firma)