1H14 sees Pegasus Airlines’ sales income up by a third

According to Turkey’s Public Disclosure Platform (KAP), Pegasus Airlines’ sales income between January and June 2014 (1H14) increased by 33% in comparison to the first half of last year, seeing the airline make a gross profit of 86.4 million Turkish Liras.

The increase in sales was accompanied by a 2% fall in price per available seat kilometre (ASK) from 2013 rates.

Pegasus’s total share in the domestic market has risen by 1.3 percentage points in the last 12 months, going from 26.7% to 28%. The airline’s share in the international market also rose marginally from 9.1% to 9.8% during this period.

“We will continue to be one of Europe's fastest-growing low-cost airlines in the coming period with our high rate of average daily aircraft utilisation and our recent aircraft order to the value of $12.2 billion,” remarked general manager of Pegasus Airlines, Sertac Haybat. “In an expanding market we have increased our capacity, while at the same time continuing to increase our market share as we have done in recent years. We have also succeeded in reducing the cost per available seat kilometre by using our aircraft efficiently.”

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