Pegasus Airlines Secures Financing for Eight Airbus A321neo, marking a key step in the carrier’s aggressive fleet and network expansion strategy as it prepares for continued growth across Europe and the Middle East. The decision follows formal board approval to proceed with financing arrangements for the aircraft, which are scheduled to join the fleet by…
Pegasus Airlines, Türkiye’s largest low-cost carrier, is set to make a major leap in its international expansion strategy with plans to begin services to Mexico, Colombia, Miami, and New York. This move marks the airline’s entry into the Americas, representing one of the most significant expansions in its history as it seeks to strengthen its position among…
Serhan Ulga, one of Turkey’s most prominent finance executives, has been appointed Chief Financial Officer (CFO) of Saudia Airlines, marking a significant step in his international career. Ulga, who previously served as CFO of Pegasus Airlines, will now lead the financial strategies of Saudi Arabia’s national carrier, bringing his extensive expertise to a global aviation stage.
Pegasus Airlines has taken delivery of a brand-new Airbus A321neo from Airbus’ Hamburg facility, reinforcing its ongoing fleet modernization and capacity expansion strategy. The aircraft, bearing manufacturer serial number 11515, is registered as TC-RDP and represents the latest addition to Pegasus’s growing lineup of fuel-efficient narrowbodies.
Pegasus Airlines, Türkiye’s leading low-cost carrier, has announced a significant expansion of its fleet with an order for 100 Boeing 737 MAX aircraft. This strategic move aims to modernize the airline’s single-aisle fleet, enhancing operational efficiency and supporting its growth ambitions in the competitive aviation market.
Pegasus Airlines, a leading low-cost carrier in Turkiye, has expanded its fleet with the delivery of a new Airbus A321neo, identified by serial 12124. The aircraft is powered by LEAP-1A32 engines, known for their exceptional fuel efficiency and reliability.
Pegasus Airlines, based in Turkiye, has taken delivery of a new Airbus A321neo, identified by serial number 12124. The aircraft is powered by LEAP-1A32 engines, manufactured by CFM International, further enhancing the carrier’s commitment to operational efficiency and sustainability.
Pegasus Airlines (Turkiye) has expanded its fleet with the addition of a new Airbus A321neo, identified by serial number 12071. The aircraft, powered by LEAP-1A32 engines, is part of Pegasus’ ongoing efforts to modernize its fleet and improve operational efficiency.
Esas Holding (Türkiye) has completed the transaction of selling 19.2 million shares in Pegasus Airlines to international investors. The shares represent a 3.85% stake in the carrier, reducing Esas Holding’s ownership to 52.8%.
Pegasus Airlines, a prominent low-cost carrier from Turkiye, has reported a 19% increase in net profit for the third quarter of 2024, totaling $322 million. However, despite the strong quarterly performance, the airline’s net profit for the first nine months of 2024 saw a slight decline, falling 3% to $332 million. These figures reflect Pegasus Airlines’ adaptability and focus on profitability, even amidst…
