Sales revenue rise of 14% at Pegasus

November 11, 2015

Pegasus Airlines has seen sales revenue rise by 14 per cent to 2.7 billion Turkish Lira ($933 million) during the first nine months of 2015.

The carrier’s EBITDAR (earnings before tax, interest, amortization and rent costs) has risen to 636.6 million TL, an increase of 22 per cent compared to the same period in 2014.

During the period the Turkish airline says it operated 114,267 flights, 66,844 on domestic routes within Turkey and 47,423 on its international network, marking a year-on-year increase of 13.7 per cent.

During the first nine months of 2015, Pegasus Aadded London Gatwick, Oslo, Kutaisi, Erbil and Ovda to its international network and within Turkey, Kastamonu, Ordu-Giresun and Kars.

Pegasus now serves 103 scheduled destinations in 40 countries, comprising of 33 domestic and 70 international routes.

James Graham

James Graham is an award-winning transport media journalist with a long background in the commercial freight sector, including commercial aviation and the aviation supply chain. He was the initial Air Cargo Week journalist and retuned later for a stint as editor. He continues his association as editor of the monthly supplements. He has reported for the newspaper from global locations as well as the UK.