Nine Month Results for Pegasus Airlines

For the first nine months of the year, Pegasus Airlines has announced revenue of TRY 4,162,118,008, up 46% on the same period the previous year, while turnover for the third quarter rose 50% year on year to TRY 2,052,853,486. Pegasus’ asset size grew 30% to TRY 7,281,455,074. With an EBITDAR margin of 28.2% for the first nine months of the year and 44.1% for the third quarter, and an EBITDAR (Earnings before interest, taxes, depreciation, amortization, and rent) of TRY 1,171,860,045 for the first nine months and 906,027,180 for the third quarter, Pegasus recorded a net profit of TRY 492,162,067