Turkey’s Pegasus Airlines reveals robust performance figures

Turkey’s Pegasus Airlines reveals robust performance figures

The airline aims to increase its total capacity by 20% in 2023

Pegasus Airlines has outlined plans for 2023 and future growth goals following an increase in passenger numbers.

Speaking at the recent Iata General Assembly and World Air Transport Summit, the carrier’s CEO Güliz Öztürk said: “In 2022, we increased our total number of guests by 34% to 26.9 million. Compared to the previous year, the number of guests on our international routes increased by 96%, a much better performance than the overall market. We increased our revenue by 139% to 2.45 billion euros. 

“Compared to 2019, the last normal year, our revenues increased by 41%. Compared to 2019, our total ASK capacity increased by 8% and international capacity by 23%.

“Our EBITDA margin reached 34.1% at the end of the year, the best performance in the world for this metric. Our net profit for the year was 431 million euros.”

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Öztürk added: "We have increased our capacity by 32% and the number of our guests by 31% compared to last year. International passenger numbers were up 43% and we are pleased with this momentum ahead of the peak summer season.

“We aim to continue to develop and improve our key operational and financial performance results in 2023.”


Pegasus Airlines plans to pass the 100-aircraft mark this year – the 100th year of the Republic – and continue to grow its fleet. The carrier plans to take delivery of 10 A321neo aircraft in the remainder of 2023, 21 in 2024 and 11 in 2025.

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