Pavel Hubáček is, according to Deník N, a Czech billionaire and businessman.[1] Hubáček is the founder of the Creditas financial group. [2]

Deník N reports that the aircraft on which President Petr Pavel travelled with friends to North Africa at the start of October 2026 belongs to Hubáček's group. According to iDNES.cz, the Gulfstream jet took off from Prague airport after 4 p.m. on Friday 2 October 2026, bound for Ouarzazate in Morocco. [2] According to the paper, the president rented the private aircraft with his friends. The presidential office confirmed to Deník N that Pavel travelled on this very aircraft.[1] The head of communication of the presidential office, Vít Kolář, said, according to Seznam Zprávy, that the president does not know Hubáček personally and that the aircraft was chartered by the participants of the trip, who split the costs, the president included. [2]

Lucie Brunclíková, head of marketing and communication at Creditas, told iDNES.cz that the aircraft had been leased to a private person on the given date on standard commercial terms.[1]

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Sources

  1. Deník N — 8 October 2026
  2. Seznam Zprávy — 8 October 2026