Pegasus traffic rises by 15% in 2017

Eleanor Steed
By Eleanor Steed March 7, 2018 13:45

Pegasus traffic rises by 15% in 2017

Pegasus Airlines has increased its passenger numbers by 15.2% in 2017 to 27.82 million, while simultaneously growing its turnover by 44% to TL 5.3 billion. Pegasus’s annual net profit for 2017 was TL 501 million.

Pegasus had provided its services to a total of 27.82 million guests in 2017, including 16.89 million on routes within Turkey and 10.45 million on its international routes. Pegasus has increased its guest numbers on routes within Turkey by 10.5% compared to the previous year, while guest numbers on its international routes grew by 21.7% year-on-year.

Within the scope of an order placed with Airbus in 2012 for 100 aircraft, of which 75 were firm orders, Pegasus decided to exercise its 25-aircraft option in favour of the A321neo aircraft, thus making headway in its efforts to expand its fleet and flight network.  As of March 2018, Pegasus has a total of 75 aircraft in its fleet, and 10 new aircraft will be added during 2018. The first of these 10 new aircraft was delivered in February.

Commenting on the results for 2017, Pegasus Airlines CEO Mehmet T. Nane said that 2017 had seen a cautious recovery in the aviation sector, adding: “Since last year, we have been saying that we predict real growth will begin in 2018. The positive trends in the sector and our own company confirm our beliefs. The figures show that we are heading in the right direction. The civil aviation sector is in a much better position generally and has managed to shake off the negative impact of the past few years. We have complete confidence in Turkey’s economy, civil aviation and tourism potential. In 2018, Pegasus aims to increase its guest numbers and capacity by between 11 and 13%.’’

Image: Airbus
Eleanor Steed
By Eleanor Steed March 7, 2018 13:45