Travel Service (airline)

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Travel Service
Travel Service logo.png
IATA ICAO Callsign
QS[1] TVS SKYTRAVEL
Founded 1997[2]
Operating bases Václav Havel Airport Prague
Focus cities
Subsidiaries
Fleet size 26
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[edit]

History[edit]

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[edit]

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[edit]

Europe[edit]

Africa[edit]

Asia[edit]

Caribbean[edit]

Fleet[edit]

Travel Service Boeing 737-800

As of June 2016, the Travel Service fleet consists of the following aircraft:[10][11]

Travel Service Fleet
Aircraft In Fleet Orders Passengers Notes
Airbus A320-200 3 0 180
Boeing 737-800 16 0 189
Boeing 737-900ER 2 0 212[12]
Boeing 737 MAX 8 0 25[13] TBA
Cessna Citation Sovereign 5[citation needed] 0 9 Business jet for private air charter
Total 26 25

References[edit]

  1. ^ "IATA - Airline and Airport Code Search". iata.org. Retrieved 11 April 2015. 
  2. ^ a b "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. ^ "Travel Service Fleet Details and History". planespotters.net. 27 June 2016. Retrieved 8 July 2016.  Included in the total is a Boeing 737-800 on lease to another airline.
  11. ^ Travel Service Fleet retrieved 8 July 2016
  12. ^ "OK-TSI". planes.cz. Retrieved 22 June 2015. 
  13. ^ "Boeing: Commercial". boeing.com. Retrieved 12 November 2015. 

External links[edit]

Media related to Travel Service at Wikimedia Commons