{"id":160664,"date":"2026-07-28T08:42:09","date_gmt":"2026-07-28T08:42:09","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/160664\/"},"modified":"2026-07-28T08:42:09","modified_gmt":"2026-07-28T08:42:09","slug":"prodej-smartwings-turkum-v-ohrozeni-brusel-klade-necekanou-prekazku","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/160664\/","title":{"rendered":"Prodej Smartwings Turk\u016fm v ohro\u017een\u00ed. Brusel klade ne\u010dekanou p\u0159ek\u00e1\u017eku"},"content":{"rendered":"

Prodej aerolinek Smartwings<\/a>,\u00a0kter\u00e9 ovl\u00e1daj\u00ed podnikatel\u00e9 Ji\u0159\u00ed \u0160im\u00e1n\u011b a Roman Vik, m\u016f\u017ee zkomplikovat ne\u010dekan\u00e1 p\u0159ek\u00e1\u017eka. Majitel\u00e9 \u010desk\u00e9 leteck\u00e9 spole\u010dnosti koncem lo\u0148sk\u00e9ho roku uzav\u0159eli dohodu s tureckou n\u00edzkon\u00e1kladovou aerolinkou Pegasus Airlines, kter\u00e1 vy\u010d\u00edslila kontrakt v p\u0159epo\u010dtu na 3,8 miliardy korun. T\u00edm za\u010dal slo\u017eit\u00fd prodejn\u00ed proces, kter\u00fd podl\u00e9h\u00e1 schv\u00e1len\u00ed evropsk\u00fdch \u00fa\u0159ad\u016f, od kv\u011btna ho posuzuje i \u010desk\u00fd \u00da\u0159ad pro ochranu hospod\u00e1\u0159sk\u00e9 sout\u011b\u017ee.\u00a0<\/p>\n

\u017de definitivn\u00ed dokon\u010den\u00ed prodeje trv\u00e1 \u0159adu m\u011bs\u00edc\u016f, nen\u00ed nikterak neobvykl\u00e9. Ne\u010dekanou p\u0159ek\u00e1\u017eku v\u0161ak m\u016f\u017ee mezi \u010cechy, Turky a zhruba p\u011bt des\u00edtek letadel vkl\u00ednit Evropsk\u00e1 komise. Ta toti\u017e hodl\u00e1 p\u0159ezkoumat a patrn\u011b i zp\u0159\u00edsnit pravidla, kter\u00e1 omezuj\u00ed vlastnictv\u00ed evropsk\u00fdch aerolinek spole\u010dnostmi ze t\u0159et\u00edch zem\u00ed, tedy i Turecka, zjistila agentura Reuters<\/a>.\u00a0Vede ji k tomu zam\u00fd\u0161len\u00fd prodej britsk\u00e9ho easyJetu, k jeho\u017e akvizici m\u00e1 nejbl\u00ed\u017ee americk\u00fd fond Apollo Global Management.\u00a0<\/p>\n

St\u00e1vaj\u00edc\u00ed legislativa vy\u017eaduje, aby v\u00edce ne\u017e 50 procent aerolinky vlastnily \u010dlensk\u00e9 st\u00e1ty nebo jejich ob\u010dan\u00e9 a aby z\u00e1rove\u0148 m\u011bli skute\u010dn\u00fd vliv na jej\u00ed \u0159\u00edzen\u00ed. Podobn\u00e1 omezen\u00ed nejsou v p\u0159\u00edpad\u011b leteck\u00fdch spole\u010dnost\u00ed ni\u010d\u00edm v\u00fdjime\u010dn\u00fdm, vl\u00e1dy po cel\u00e9m sv\u011bt\u011b toti\u017e aerolinky \u010dasto vn\u00edmaj\u00ed jako strategick\u00e1 aktiva. EU ov\u0161em nov\u011b hodl\u00e1 d\u016fsledn\u011bji rozli\u0161ovat, zda je aerolinka vlastn\u011bna evropsk\u00fdmi spole\u010dnostmi jen form\u00e1ln\u011b, nebo zda maj\u00ed nad jej\u00edm \u0159\u00edzen\u00edm skute\u010dnou kontrolu.\u00a0<\/p>\n

Smartwings do rukou jedn\u00e9 z nejbohat\u0161\u00edch tureck\u00fdch rodin<\/p>\n

Pouh\u00e9 p\u0159eveden\u00ed v\u00edce ne\u017e 50 procent akci\u00ed na evropsk\u00e9ho investora u\u017e nem\u00e1 sta\u010dit. A pr\u00e1v\u011b to by mohl b\u00fdt probl\u00e9m v p\u0159\u00edpad\u011b Smartwings. Pegasus pat\u0159\u00ed rodin\u011b Sabanciov\u00fdch, jedn\u00e9 z nejbohat\u0161\u00edch v Turecku<\/a>,\u00a0jej\u00ed\u017e vliv sahal do \u010ceska u\u017e d\u0159\u00edve, t\u0159eba skrze obchody s PPF. Za \u00fa\u010delem n\u00e1kupu \u010desk\u00e9 aerolinky Turci zalo\u017eili novou spole\u010dnost Pegasus Europe v Nizozemsku, kterou stoprocentn\u011b vlastn\u00ed.\u00a0<\/p>\n

\u201eRozhoduj\u00edc\u00ed nen\u00ed s\u00eddlo nizozemsk\u00e9ho holdingu ani po\u010det evropsk\u00fdch pas\u016f ve spr\u00e1vn\u00ed rad\u011b. Regul\u00e1to\u0159i budou posuzovat, kdo skute\u010dn\u011b rozhoduje o letadlech, financ\u00edch, veden\u00ed a obchodn\u00ed strategii. Pro budoucnost Smartwings tak bude kl\u00ed\u010dov\u00e9, zda po p\u0159evzet\u00ed z\u016fstane nejen form\u00e1ln\u011b evropskou spole\u010dnost\u00ed, ale tak\u00e9 skute\u010dn\u011b evropsky vlastn\u011bn\u00fdm a kontrolovan\u00fdm leteck\u00fdm dopravcem. Bez tohoto statusu by toti\u017e ztratily pr\u00e1va, na nich\u017e stoj\u00ed podstatn\u00e1 \u010d\u00e1st jejich sou\u010dasn\u00e9ho podnik\u00e1n\u00ed,\u201c upozor\u0148uje p\u0159edn\u00ed oborov\u00fd web Planes.cz<\/a>.\u00a0<\/p>\n

Smartwings se paradoxn\u011b jev\u00ed jako problemati\u010dt\u011bj\u0161\u00ed p\u0159\u00edpad ne\u017e easyJet, kv\u016fli kter\u00e9mu se Evropsk\u00e1 komise zp\u0159\u00edsn\u011bn\u00edm zab\u00fdv\u00e1. \u201ePokud by Brusel p\u0159ipustil, aby americk\u00fd fond nesl t\u00e9m\u011b\u0159 ve\u0161ker\u00e9 ekonomick\u00e9 riziko a inkasoval v\u011bt\u0161inu ekonomick\u00fdch v\u00fdnos\u016f, zat\u00edmco form\u00e1ln\u00ed hlasovac\u00ed kontrolu by vykon\u00e1vali evrop\u0161t\u00ed partne\u0159i, mohl by vzniknout precedent pro dal\u0161\u00ed p\u0159evzet\u00ed evropsk\u00fdch dopravc\u016f soukrom\u00fdm kapit\u00e1lem. Pr\u00e1v\u011b tomu chce p\u0159ipravovan\u00e1 revize zabr\u00e1nit,\u201c uv\u00e1d\u00ed Planes.cz.\u00a0<\/p>\n

Spole\u010dnost Smartwings, kter\u00e1 p\u0159edloni utr\u017eila asi jednu miliardu eur, na dotaz e15 uvedla, \u017ee to nen\u00ed jej\u00ed p\u0159\u00edpad. \u201eTransakce prob\u00edh\u00e1 dle pl\u00e1nu s m\u00edrn\u00fdm zpo\u017ed\u011bn\u00edm,\u201c \u0159\u00edk\u00e1 mluv\u010d\u00ed Vladim\u00edra Dufkov\u00e1.\u00a0<\/p>\n

\"Od<\/a>Od sb\u011bra\u010d\u016f bavlny k nejbohat\u0161\u00edm Turk\u016fm. Kdo je nov\u00fd majitel Smartwings, kter\u00fd se dohodl i s\u00a0Kellnerem?<\/a><\/p>\n

Zat\u00edmco v p\u0159\u00edpad\u011b easyJetu se jedn\u00e1 sp\u00ed\u0161e o klasickou investici, z\u00e1stupci Pegasu hovo\u0159\u00ed o strategick\u00e9m propojen\u00ed se Smartwings a expanzi na evropsk\u00fdch trz\u00edch. Evropsk\u00e1 historie p\u0159itom napov\u00edd\u00e1, \u017ee p\u0159evzet\u00ed aerolinek b\u00fdvaj\u00ed \u010dasto velmi n\u00e1ro\u010dn\u00e1. Skupina IAG, kter\u00e1 vlastn\u00ed t\u0159eba i British Airways, nap\u0159\u00edklad p\u0159edloni vycouvala ze snahy dokoupit zb\u00fdvaj\u00edc\u00edch 80 procent \u0161pan\u011blsk\u00e9ho dopravce Air Europa pot\u00e9, co komise upozornila na obavy z naru\u0161en\u00ed hospod\u00e1\u0159sk\u00e9 sout\u011b\u017ee. \u201eP\u0159evzet\u00ed easyJetu bude ze stejn\u00fdch d\u016fvod\u016f velmi, velmi n\u00e1ro\u010dn\u00e9,\u201c \u0159ekl listu Financial Times<\/a> Luis Gallego, \u0161\u00e9f IAG.\u00a0<\/p>\n

P\u0159\u00edpadn\u00e9 zp\u0159\u00edsn\u011bn\u00ed evropsk\u00e9 legislativy m\u016f\u017ee trvat i n\u011bkolik let, uv\u00e1d\u00ed agentura Reuters. Jak\u00fdm zp\u016fsobem za\u010dnou n\u00e1rodn\u00ed \u00fa\u0159ady a Evropsk\u00e1 komise nahl\u00ed\u017eet na st\u00e1vaj\u00edc\u00ed pravidla a vykl\u00e1dat je b\u011bhem prob\u00edhaj\u00edc\u00edch transakc\u00ed u easyJetu \u010di Smartwings, nen\u00ed jasn\u00e9. P\u0159\u00edsn\u011bj\u0161\u00ed dohled nad vlastnictv\u00edm evropsk\u00fdch aerolinek nemus\u00ed obchodu nutn\u011b zabr\u00e1nit, m\u016f\u017ee v\u0161ak limitovat kontrolu tureck\u00e9ho dopravce nad Smartwings. Ten p\u0159itom pl\u00e1noval, \u017ee za 154 milion\u016f eur \u010deskou aerolinku kompletn\u011b p\u0159evezme.\u00a0<\/p>\n

Za jak\u00fdch podm\u00ednek to Turci stihnou?<\/p>\n

\u0158editelka tureck\u00e9ho dopravce G\u00fcliz \u00d6zt\u00fcrkov\u00e1 za\u010d\u00e1tkem \u010dervna uvedla, \u017ee o\u010dek\u00e1v\u00e1 dokon\u010den\u00ed transakce do t\u0159\u00ed a\u017e \u010dty\u0159 m\u011bs\u00edc\u016f. M\u00e1-li toho tureck\u00e1 strana dos\u00e1hnout, mus\u00ed z\u00edskat souhlas regul\u00e1tor\u016f s p\u0159evodem akci\u00ed. Ti ho mohou podmi\u0148ovat nap\u0159\u00edklad zm\u011bnami ve struktur\u00e1ch, kter\u00e9 budou Smartwings ovl\u00e1dat.\u00a0<\/p>\n

\u201eUp\u0159\u00edmn\u011b \u0159e\u010deno moc nerozum\u00edm tomu, pro\u010d by m\u011bla evropsk\u00e1 legislativa zp\u0159\u00eds\u0148ovat. Problematick\u00fdch situac\u00ed ohledn\u011b vlastnictv\u00ed aerolinek neevropsk\u00fdmi subjekty m\u00e1me naprost\u00e9 minimum,\u201c m\u00edn\u00ed expert EY Petr Kov\u00e1\u010d.\u00a0<\/p>\n

Kl\u00ed\u010dov\u00fdm faktorem, kter\u00fd v sou\u010dasnosti nejv\u00edce promlouv\u00e1 do finan\u010dn\u00ed kondice aerolinek, jsou ceny paliva. Ty se staly zna\u010dn\u011b volatiln\u00edmi od konce \u00fanora, kdy USA a Izrael za\u00fato\u010dily na \u00cdr\u00e1n. \u201eCena paliva m\u00e1 nyn\u00ed tendenci klesat, z\u00e1rove\u0148 popt\u00e1vka cestuj\u00edc\u00edch z\u016fst\u00e1v\u00e1 siln\u00e1. Ve st\u0159edn\u011bdob\u00e9m horizontu tak neo\u010dek\u00e1v\u00e1m pot\u00ed\u017ee aerolinek, nep\u0159ijde-li n\u011bjak\u00fd dal\u0161\u00ed extern\u00ed \u0161ok,\u201c dod\u00e1v\u00e1 Kov\u00e1\u010d.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Prodej aerolinek Smartwings,\u00a0kter\u00e9 ovl\u00e1daj\u00ed podnikatel\u00e9 Ji\u0159\u00ed \u0160im\u00e1n\u011b a Roman Vik, m\u016f\u017ee zkomplikovat ne\u010dekan\u00e1 p\u0159ek\u00e1\u017eka. Majitel\u00e9 \u010desk\u00e9 leteck\u00e9 spole\u010dnosti…\n","protected":false},"author":2,"featured_media":160665,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[6145,67,68,7489,35342,533,24644,40251,6808,4771],"class_list":["post-160664","post","type-post","status-publish","format-standard","has-post-thumbnail","category-byznys","tag-aerolinky","tag-business","tag-byznys","tag-easyjet","tag-jiri-simane","tag-letiste","tag-pegasus-airlines","tag-roman-vik","tag-smartwings","tag-turecko"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116996718454371635","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/160664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=160664"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/160664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/160665"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=160664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=160664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=160664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}