Travel Service (airline)

Travel Service
IATA ICAO Callsign
QS[1] TVS SKYTRAVEL
Founded 1997[2]
Operating bases Václav Havel Airport Prague
Focus cities
Subsidiaries
Fleet size 23
Destinations 91
Headquarters Prague, Czech Republic
Key people
  • Jiří Šimáně
  • Roman Vik
  • Jiří Jurán
Website www.travelservice.aero

Travel Service, a.s.[2] is a Czech charter airline and the biggest airline in the Czech Republic with its head office on the property of Václav Havel Airport Prague in Ruzyně, 6th district, Prague.[3] It operates charter flights mainly to leisure destinations and also wet and dry leases aircraft to other airlines. It has subsidiaries in Poland, Hungary and Slovakia and also operates scheduled flights under the brand SmartWings.[4]

Overview

History

Travel Service head office in Prague

In 2007, the company carried 2.2 million passengers, one year later about 2.3 million passengers. In 2014, it carried 4.3 million passengers, about 1.2 of them on regular flights under the brand name SmartWings.[5]

On 18 September 2007, the Icelandair Group acquired 50% stake in the carrier and purchased further shares to bring its holding to 80% by April 2008. In December 2008 it reduced its holding to 66% by selling shares to the other shareholders, Unimex.[6][7] In 2009 their stake was further diluted to 50.1% through a new share issue, and they also sold a portion of their stake to fellow owners reducing their holding to 30%[8][9] In 2009 Icelandair spun its 30% stake in Travel Service into a new company, that was the taken over by Icelandair's creditors.

Business figures

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[10]

Europe

Africa

Asia

Caribbean

Fleet

Travel Service Boeing 737-800

As of October 2016 the Travel Service fleet consists of the following aircraft:[11][12]

Travel Service Fleet
Aircraft In Service Orders Passengers Notes
C Y Total
Airbus A330-200 1 1 12 333 345[13] leased from Air Transat from late October 2016.
Boeing 737-700 2 148 148
Boeing 737-800 25
18
189
150
189
168
1 leased to Mega Maldives Airlines, 2 leased to Oman Air
1 in Prague Loves You livery and 1 in Moravian-Silesian Region livery.
Boeing 737-900ER 2 212 212
Boeing 737 MAX 8 25[14] TBA Deliveries start in 2018
Travel Service Air Charter fleet
Cessna Citation Sovereign 5 9 9 Business jet for private air charter
Cessna Citation Longitude [15] 1 9 9 Delivery in 2018
Total 33 27

Another three Travel Service Boeing 737-800s are on lease to other airlines.[11][16]

References

  1. "IATA - Airline and Airport Code Search". iata.org. Retrieved 11 April 2015.
  2. 1 2 "Výpis z obchodního rejstříku - Travel Service, a.s." (in Czech). Ministry of Justice of the Czech Republic.
  3. "Travel Service Contacts". Travel Service, a.s.
  4. "SmartWings Contact". smartwings.com.
  5. "Travel Service hlásí za loňský rok skoro o pětinu víc cestujících" (in Czech). Novinky.cz. Retrieved 20 January 2015.
  6. Annual Report of Travel Service 2007
  7. "Icelandair Group signs LOI to acquire Czech airline operator Travel Service". Air Transport World. Retrieved 13 May 2007.
  8. "Icelandair Group hf. Prospectus - October 2010" (PDF). euroinvestor.dk.
  9. "Icelandair Group sells 20% of its share in the Czech airline Travel Service". euroinvestor.dk. Retrieved 26 November 2009.
  10. "SmartWings Flight schedule".
  11. 1 2 "Travel Service Fleet Details and History". planespotters.net. 28 September 2016. Retrieved 10 August 2016. Included in the total are three Boeing 737-800s on lease to other airlines.
  12. Travel Service Fleet retrieved 8 July 2016
  13. http://www.travelservice.aero/en/about-company/fleet/
  14. "Boeing: Commercial". boeing.com. Retrieved 12 November 2015.
  15. "Planes.cz".
  16. "MEGA Maldives Airlines introduces a Boeing 737-800 to its fleet" (Press release). Mega Maldives Airlines. Retrieved 4 October 2016.

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