Founded in 1990, Pegasus Airlines was acquired by Esas Holding in 2005 which marked the beginning of Turkey's first full low-cost airline strategy with the Sabiha Gokçen International Airport as its hub. Now, as Turkey’s leading low-cost airline, Pegasus has made flying accessible to all and transformed Turkey's aviation sector.
Today, Pegasus serves 78 destinations in 31 countries, having expanded the network in 2013 with new routes into the Europe, Asia and the Middle East. The company is firmly placed as Turkey's fastest growing airline with guest numbers having grown eight-fold in the last seven years, flying 69,2 million guests during the same period. Last year alone Pegasus flew 16,8 million guests around the world.
In 2013, Pegasus’ domestic passenger traffic grew by 23% against a figure of 18% for the Turkish aviation sector and international traffic grew by 25% against a figure of 12% for the Turkish aviation sector. Pegasus' share of the Turkish market is 26,9% in 2013 compared to just 1% in 2005. Pegasus is also proud to announce that these growth figures are achieved with an average on time performance of 90.3%.
In addition to its best in class operational performance, Pegasus also operates Turkey’s youngest fleet with an average of just 4 years which will further decrease with the recent order of 100 brand new Airbus.
Combined with our best in class flight services,Pegasus continues to provide a huge choice of additional services for its passengers. On the website, flypgs.com, the guests can also book a hotel, hire a car, pre-order their meal, purchase additional luggage allowance at discounted rates and much more to customise their travel experience.
The new loyalty programme, Pegasus Plus, now means guests living around the world can earn FlightPoints simply by signing up online at flypgs.com for the ground-breaking cardless membership where your mobile phone number is your membership number. Pegasus also produced another first for Turkey with its two most recent investments; in Turkey’s newest flight simulator, owned by just 10% of the world’s 582 airlines, in use at Pegasus’ Flight Training Centre and Pegasus has also become the first airline in the world to integrate the two-way data communication system “Wireless Groundlink End to End Network Solutions”.
In April 2009 Pegasus' parent company Esas purchased minority stake in Airberlin, Germany's second and Europe's fifth largest airline, making it the second largest private shareholder. In September 2011, Pegasus launched joint 'codeshare' flights, with guests being able to book joint flights between Turkey and Germany.
In April 2013, Pegasus realized the largest IPO of the year in Turkey at which the company sold 34.5% of its issued shares. The market cap of the company is increased from TL 1.8 billion to TL 2.6 billion since its initial offering date. The proceeds of the IPO will be utilized to fuel the expansion of the operations and improve its international presence.
Aeropark Yenişehir Mah. Osmanlı Bulvarı No:11 34912 - Kurtköy / İSTANBUL
+90 (216) 560 70 00