Travel Service Airlines
Travel Service Airlines (incorporated as Travel Service, a.s.[2]) is an airline based in Prague, Czech Republic,[3] 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.[1]
On 18 September 2007, the Icelandair Group acquired 50% stake in the carrier and purchased further shares in 2008.[4][5]
History
In 2007, the company carried 2,2 million passengers.[4] in 2008, carried 2,3 million passengers
Selected financial results of Travel Service, a.s.
| 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 |
Destinations
Fleet
The Travel Service fleet consists of the following aircraft (at June 2011):[6]
External links
References
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