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CSAFE Global




November 11, 2014: Turkey's leading low-cost airline Pegasus Airlines' sales income rose by 33 percent compared to the first nine months of 2013 reaching TL 2.4 billion.

Pegasus' operational EBITDAR for the first nine months of 2014 rose by nine percent compared to the same period last year, reaching TL 523.4 million.

Flying a scheduled service to 30 destinations in Turkey and 56 in the rest of the world, with a total network of 86 destinations in 36 countries, Pegasus continued to expand its flight network and capacity.

In the first nine months of 2014, the airline added 11 new international destinations to its network including Bahrain, Budapest, Frankfurt, Geneva, Hamburg, Hurghada, Kuwait, Madrid, Mineralnye Vody, Prague and Sharm El Sheikh.

In the first nine months of 2014, the number of passengers carried rose 19.4 percent to reach 15 million. The load factor on domestic routes reached 80.6 percent on domestic and international routes combined, while Pegasus' share of the domestic Turkish market rose to 28.2 percent.

Commenting on Pegasus' focus on operational efficiency in the first nine months of 2014, Pegasus Airlines CEO Sertac̀§ Haybat said, "With our rapidly expanding network and increasing guest numbers, we will continue to break new ground in the next quarter. We, the Pegasus Family, are tremendously happy about our successes and thank our guests for their continued support. We will continue to transform aviation in Turkey together with them."

Pegasus Airlines launched its first charter flights in 1990 and has been owned by ESAS Holding since 2005. It is Turkey's leading low-cost carrier offering economically priced point-to-point flights on short and medium-haul routes that include Novosibirsk (above).

CSAFE Global






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