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Pegasus Airlines

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Pegasus Airlines

Pegasus Airlines General Manager, Sertaç Haybat
Pegasus Airlines General Manager, Sertaç Haybat
IATA Code
PC
ICAO Code
PGT
Corporate Address
Bas?n Ekspres Yolu No:2 Halkal?
Istanbul
Turkey
Website
http://www.flypgs.com
Main hub
Istanbul Sabiha Gokcen Airport
Country
Turkey
Business model
Low Cost Carrier

Istanbul-based Pegasus Airlines is a privately-owned low-cost airline based at Sabiha Gökçen International Airport in Istanbul. Using a fleet of narrow-body Airbus and Boeing aircraft, Pegasus operates an extensive network of domestic and regional services throughout Turkey, Europe and the Middle East.

Location of Pegasus Airlines main hub (Istanbul Sabiha Gokcen Airport)

Source: CAPA - Centre for Aviation and Google Maps


 
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121 total articles

6,135 total articles

Airline IPO activity increases as market conditions improve but oil threatens

10-Mar-11 10:45 AM

There are more than 30 airlines around the world publicly talking of conducting an IPO to help diversify funding sources, coinciding with improved demand and economic conditions. Aircraft deliveries are also accelerating, with more than 1400 aircraft scheduled for delivery this year alone, prompting the need for additional financing. However, concerns over rising fuel costs in recent weeks have had affected oil prices and, hence, the attractiveness of airlines.

More than 30 airlines consider IPOs as market improves

14-Oct-10 4:42 PM

There are more than 30 airlines around the world that have publicly talked about tapping equity markets to help diversify funding sources, coinciding with an improved economic environment. Aircraft deliveries are also accelerating, with more than 1,300 aircraft scheduled for delivery this year alone, prompting the need for additional financing.

Middle East second-tier airports in focus: Growth behind the major hubs

3-Aug-10 1:19 PM

Much attention is often focused on the Middle East’s larger airports, including those at Abu Dhabi, Dubai, Jeddah, Riyadh, Islamabad, Doha and Bahrai. But the region’s second-tier airports are becoming increasingly important, especially as Middle East second-tier carriers expand operations. These carriers are reshaping competition in and beyond the region and are being reshaped themselves by dynamic change in the region.

Second tier LCCs playing major role in reshaping European aviation (Part 2)

16-Jul-10 3:05 PM

This second in a special two-part CAPA report looks beyond the headline-grabbing "big three" European LCCs to provide updates on more than 20 secondary low-cost operators. Part II reviews the progress at Monarch, NIKI, Pegasus Airlines, SkyExress, Smart Wings, Sun Express, Sverigeflyg, Thomson Airways, Transavia.com, TUIfly, Wind Jet and Wizz Air, following on from Part I which reviewed Air Southwest, Anadolujet, Atlastjet Airlines, Belle Air, Blue Express, Blue Air, bmibaby, CLICK4SKY, Flybe, Germanwings, Iceland Express and Jet2.com.

At least a dozen airlines considering IPOs, but how many will get off the ground?

13-May-10 4:20 PM

There are at least a dozen airlines around the world that have publicly talked about tapping equity markets to help diversify funding sources as they seek to fill significant aircraft orders. But timing is everything and some of the IPO plans covered in this report have been around for several years, just waiting for conditions to ripen. Europe’s sovereign debt woes have however sparked a fresh wave of volatility in global equity markets, spooking investors and would-be sellers. In early May-2010, the Indonesian Government deferred the long-awaited IPO of flag carrier, Garuda Indonesia, while Philippine LCC, Cebu Pacific last month shelved its IPO until some time after national elections. Other deferrals could be forthcoming.

Turkish Airlines SWOT Analysis: Can the dream continue?

7-Jan-10 8:40 AM

Turkish Airlines is a rising force in the European and Middle East aviation industry, capturing the interest of investors, alliance partners and rivals. The fast-growing carrier is not only increasing its size at a time when the majority of its European counterparts are shrinking, but is profitable whilst doing so. After reporting the third largest net profit and seventh largest operating profits in the aviation industry in 2008, the airline's revenues and profits are expected to increase from these bases in 2009. Investors are clearly delighted with the airline’s growth trajectory, with Turkish Airlines’ stock surging 425% in 2009 – the biggest gain by far among carriers tracked by The Centre globally last year. But can the dream run continue?

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