PENTA endorses L-159A and L-159B sale on foreign markets

23. November 2006
Back

The main aim of the new owner of AERO Vodochody a.s. (AERO) – private equity group Penta Investments – is to reach long-term stability and profitability of AERO. Thus Penta endorses all activities which will bring AERO closer to this aim, including the sale of L-159A Advanced Light Combat Aircraft and L-159B Advanced Training and Light Combat Aircraft on foreign markets.

Cooperation with the Army of the Czech Republic represents, as Penta mentioned earlier, one of the priorities of the restructuring process of AERO. This cooperation includes particularly support of the Czech Air Force L-159 and L-39 fleet, two-seat L-159 delivery as well as other contracts, concluded or newly prepared. Penta takes over all obligations of AERO to the Army of the Czech Republic, which arise from recently concluded privatization documents as well as contracts concluded between AERO and the Ministry of Defence of the Czech Republic (MoD). Future cooperation will thus include also the sale of surplus L-159A aircraft in the MoD ownership, which will in case of a contract be supplemented by the L-159B two-seat training version.

The restructuring plan of AERO, prepared by Penta, is aimed besides the cooperation with the Army of the Czech Republic on preserving aircraft production and also development of the Vodochody Airport.

More news
Exceptional results reflecting a resilient portflolio

Penta reported a record net profit of €714 million for the financial year 2025, driven by profitable growth in all its key investments.

Fortuna Entertainment Group Expands into Lithuania with Acquisition of TOPsport

Fortuna Entertainment Group (FEG), the leading omni-channel gaming entertainment provider in Central and Eastern Europe, has signed an agreement to acquire a 70% stake in TOPsport, the market-leading online sports...

Penta Real Estate enters the British real estate market with two residential acquisitions

Penta Real Estate is launching its expansion into the UK property market through the development of more than 680 new apartments in two attractive locations in the wider centre of...

Petr Řehák Appointed as the New CEO and Chairman of the Board of Privatbanka

Privatbanka, a.s., a member of the Penta Investments group, has appointed Petr Řehák as Chief Executive Officer and Chairman of the Board of Directors. He replaces Ľuboš Ševčík, who is...

Penta Fund strengthens its top management

Penta is strengthening the leadership of Penta Fund. After an exceptionally successful start, experienced banker Tomáš Hochmeister will become the new CEO of Penta Fund as of December 1. He...

Fortuna Entertainment Group Acquires Montenegrin Lob

Fortuna Entertainment Group (FEG), the leading omni-channel gaming entertainment provider in Central and Eastern Europe, has signed an agreement to acquire a 51% stake in Lob, Montenegro’s second biggest operator...

Penta Hospitals plans to acquire Group Mediterra and significantly expands its healthcare network, adding six hospitals and a medical school to the network

Prague, 16 October 2025 – Penta Hospitals, one of the leading private healthcare and social care providers in Czechia, has announced the signing for the acquisition of Group Mediterra, a.s....

Penta Real Estate successfully completed the sale of Bory Mall; its new owner is the ZFP Real Estate Fund

With the successful completion of the sale of the Bory Mall shopping and entertainment center, we have reached another important milestone in our activities on the Slovak market. The transaction...