Pegasus Airlines announces 9M results

According to the figures announced by the Public Disclosure Platform (KAP) Turkey’s leading low-cost airline, Pegasus Airlines’ sales income rose by 33% compared to the first nine months of 2013 reaching 2.4 billion TL. Pegasus’ operational EBITDAR for the first nine months of 2014 rose by 9% compared to the same period last year, reaching 523.4 million TL.

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, Pegasus 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 guests flying with Pegasus increased by 19.4% to reach 15 million. The load factor on domestic routes reached 80.6% on domestic and international routes combined, while Pegasus’ share of the domestic market rose to 28.2%. During the same period, Pegasus’ available seat kilometres (ASK) rose by 22%, while the total number of available seats increased by 19.4%.

Pegasus Airlines