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Pegasus Airlines

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Pegasus Airlines

IATA Code
PC
ICAO Code
PGT
Corporate Address
Basın Ekspres Yolu No:2 Halkalı Istanbul Turkey
Website
http://www.flypgs.com
Main hub
Istanbul Sabiha Gokcen Airport
Country
Turkey
Business model
Low Cost Carrier
Association Membership
IATA
TIACA
Codeshare Partners
Azerbaijan Airlines AZAL

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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127 total articles

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6,354 total articles

and

Pegasus Airlines bets on liberalisation in Turkey’s international market with 100-aircraft order

23-Apr-12 9:39 PM

Turkish low-cost carrier Pegasus Airlines is placing a big bet that Turkey’s market will liberalise over the next decade, enabling the carrier to expand its fleet to between 100 and 140 aircraft. Pegasus currently operates 43 narrowbody aircraft and has been negotiating since last year with Airbus and Boeing an order for 100 A320neos or Boeing 737-800 MAX. Pegasus CEO Sertac Haybat said on the sidelines of last week’s CAPA Airlines in Transition CEO Summit in Istanbul that he expects the 100-aircraft order will be placed within one month and deliveries will be spread out over six to seven years.

My Haybat expects the new aircraft will primarily be used to accelerate expansion of Pegasus’ international network, including to new destinations in the Indian subcontinent that are not within range of its fleet of current generation 737-800s. But he acknowledges international expansion will only be possible if bilaterals are liberalised.

Pegasus focuses on Eastern Europe and rapid fleet expansion as Turkish economy grows

30-Mar-12 3:00 PM

Turkey’s second largest carrier, Pegasus Airlines, is steadily expanding its network with a focus on nearby Eastern Europe as demand in the Turkish market continues to grow rapidly. Based at Sabiha Gökçen International Airport in Istanbul, the privately-owned airline operates an extensive European and domestic Turkish network while also offering some services to the Middle East and Central Asia. Until recently Pegasus’ focus has been primarily on its domestic Turkish and international routes to Western Europe, but this is beginning to change. Eastern Europe is becoming the airline’s main focus with a number of new destinations added in recent months.

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.

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