Pegasus grew faster than rest of Turkish aviation market in the first quarter of 2015

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The FINANCIAL — Pegasus Airlines’ recently released traffic data for the first quarter of 2015 shows a year-on-year increase in the number of guests by 10.8% to 4.52 million.

At the end of the first quarter of 2015, Pegasus had also reached a network of 89 destinations, compared with 80 at the end of the same period in 2014, as well as a 28% market share of Turkey’s domestic routes and a 12.3% market share of the international routes.

According to the Public Disclosure Platform’s (KAP) traffic data for January-March 2015, Pegasus Airlines continues to grow in double-digits.

During the first quarter of 2015, Pegasus carried 4.52 million guests, translating to a year-on-year increase of 10.8%, while the seat capacity was 5.81 million, a rise of 12.1% compared with the same period last year. With an average overall load factor of 77.8%, the number of guests carried in domestic flights was 2.86 million for the first quarter of 2015, a rise of 9.9% compared with 2.61 million for the same period in 2014, while the number of guests on international flights rose by 12.4% to 1.65 million. Pegasus’ network expanded to 89 destinations in the first quarter of 2015 compared with 80 for the first quarter of 2014, according to Pegasus Airlines.

As of 30 April, Pegasus now flies to 91 destinations in 37 countries, including 31 destinations within Turkey and 60 other international destinations. During the first quarter of 2015, Pegasus, Turkey’s fastest-growing airline, achieved a load factor of 81.4% for domestic flights and a load factor of 72.3% for its international routes, reaching an average passenger load factor of 77.8%.

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Pegasus increased its market share of domestic flights in the first quarter of 2015 from 27.4% to 28% year-on-year and its share of the international market increased from 11.6% to 12.3% year-on-year – achieving an average market share of 21.9% up from 21.3%.

Pegasus continues its expansion in 2015

Commenting on the 2015 first-quarter traffic results, Pegasus Airlines’ General Manager Sertac Haybat says: “We ended 2014 with growth in double-digit figures after a year of continuous growth, and 2015 has been equally as dynamic. According to Turkey’s General Directorate of State Airports Authority there has been an increase in guest numbers by 7.7% during the first quarter of 2015 for the country’s aviation sector in general, a period when we have recorded an increase of 10.8%. In the first quarter of 2015, as in previous years, we have continued growing faster than the rest of the Turkish aviation sector, achieving 40% faster growth than the rest of the sector this quarter. As one of the leading players of the country’s expanding aviation sector, we are very happy to be flying even more of our guests to where they want to go at our great-value fares.”


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