Pegasus Airlines’ passenger numbers grow 15.2% in 2017

posted on 9th March 2018 by Jordan Newton
Pegasus Airlines' passenger numbers grow 15.2% in 2017

Passenger numbers at Pegasus Airlines grew by 15.2 per cent in 2017 to 27.82 million with 16.89 million on routes within Turkey and 10.45 million on its international routes.

The Turkish low-cost carrier increased its passenger numbers on routes within Turkey by 10.5 per cent compared to the previous year, while passengers on its international routes grew by 21.7 per cent year-on-year.

Pegasus revealed the numbers in its financial results for last year in which it also reported it grew its turnover by 44 per cent to 5.3 billion Turkish Lira (TL) ($1.38 billion) and annual net profit was 501 million TL ($131 million).

The carrier also announced as part of an order placed with Airbus in 2012 for 100 aircraft, of which 75 were firm orders, it has 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.

Pegasus Airlines chief executive officer, Mehmet T. Nane said in 2018 the aim is to increase our guest numbers and capacity by between 11 and 13 per cent.

Commenting on the results for 2017, 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.’’