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History of Pegasus

Pegasus is a leading low-cost airline in Turkey, which provides reasonably-priced transportation opportunities on point-to-point basis in short and medium range routes, and aims to set up a wide flight network with high flight frequency for guests.

Dünden Bugüne Pegasus

Pegasus Hava Tasimaciligi A.S, which was founded as a joint venture company on 1990 by Aer Lingus Group, Silkar Yatırım ve Insaat Organizasyonu A.S. and Net Holding A.S., entered into commercial operation with two airplanes.

After being acquired on 2005 by Esas Holding A.S. owned by Sevket Sabanci and his family, Pegasus started scheduled domestic flights in November of the same year and became the 4th top among the scheduled airlines operating in Turkey.

According to the final structure of partnership after the Initial Public Offering; 34.5 % of shares are floating in Borsa Istanbul and 65.5% belongs to Esas Holding A.S, whereas the rest is owned by Sevket Sabanci and his family.

Pegasus; the Most Rapidly Growing Airline in Europe...

Holding the belief that everybody has the right to travel by air, Pegasus brought “low cost model” to life soon after starting scheduled flights. Based on this vision, Pegasus still continues to introduce reasonably priced airline transportation services with a young fleet and high punctual departure rates.

With its fleet composed of 82 airplanes in total, where 60 of them are new generation 737-800 NG and the overall age average is 5.4 by December , 2016;

Pegasus extended its flight network, which was initially composed of 6 domestic locations at the beginning of scheduled flights, up to 102 locations and currently has 69 abroad and 33 domestic flight locations in 40 countries.

In order to provide a pleasant travel experience to the guests; Pegasus continues to offer substantial new services and products. In the last few years, the company also put additional income into providing services to support the low cost carrier model. By also expanding its family parallel to its growth in the sector; Pegasus turned into a huge family of 5.378 members in 10 years from a team of 700 staff. (as of March 2016)

While providing economic, safe and punctual travel opportunities to its guests, by means of investments in areas of flight safety and technology, Pegasus established itself as the latest flight training center of Turkey. This has led to Pegaus also becoming one of the leading airlines, to adopt fleet-wide Wireless Groundlink End to End Network Solutions, a system providing double direction data transfer that is significant with regards to the traceability of systems.

Pegasus was named “The Fastest Growing Airline” of Europe's major scheduled airlines in terms of seat capacity for 2011, 2012 and 2013 by the Official Airline Guide (OAG)report.

Traffic expansion faster than speed of expansion in the sector

During recent years, where the Turkish civil aviation sector entered into a serious growth trend, Pegasus has proven to be satisfying a significant demand in the aviation sector with the number of its guests increasing much more than the average growth in the sector.

Milestones

Aer Lingus, Silkar Investment and Net Holding joined forces to found fleet with 2 aircraft.

In January ESAS Holding bought Pegasus. Chose Sabiha Gokcen Airport as the main hub for fleet of 14 aircraft. In November started flights within Turkey to 6 destinations

Introduced online seat selection

Introduced Ekopark services for our guests

Started first international scheduled flights, kicking off with Stuttgart

Started scheduled flights to Izmir, Bodrum, Dalaman, Kayseri, Gaziantep, Malatya, Nicosia and Vienna

Began the Pegasus cafe service

Added Amsterdam, Dusseldorf, Munich, Copenhagen, London and Zurich to schedules

Started selling travel insurance online

Became sponsors of the PWA Windsurf World Cup

Took delivery of first aircraft named 'Hayirli', first of our planned fleet of 40 Boeing 737-800s. The biggest single investment ever made in the Turkish private aviation sector, valued at USD 3.2 billion

Started flights to Samsun and Cologne

In partnership with HSBC Bank introduced a flight and shopping card, the Pegasus Card

Started a car hire service online

Started to name new aircraft after baby girls recently born to members of staff in the Pegasus ‘family’. Also gave the name 'Gulce' to new Boeing 737-800 aircraft, delivered in August

Made and showed film demonstrating cabin safety using the children of Pegasus family members

Added Konya, Athens, Basel, Brussels, Berlin and Krasnodar to schedules

Started a pre-ordered meal option before flights

Added Hatay, Paris, Marseilles, St Etienne/Lyon, Rome, Milan, Stockholm, Beirut, Tbilisi and Kharkov to schedules

Took delivery of a new Boeing 737-800 which was the 14th of planned fleet of 40 aircraft

Between 2006 and 2010 number of guests carried on all flights within Turkey increased by 15%. However Pegasus saw an overall increase of 42% in the number of its guests

Flew 8.6 millionth guest

For the first time in Turkey offered mobile phone check-in using a barcode. Also offered an online facility to purchase extra weight allowances for luggage and optional online seat selection

Added Sivas, Bucharest, Tehran, Skopje, Pristina and Erbil to schedules

Increased flight network to 19 destinations within Turkey and 30 internationally –total of 49 in 22 countries

In the first 6 months took delivery of 6 new aircraft, making a total of 24 aircraft out of projected fleet of 40 Boeing 737-800s

Invested $22.3 million in two innovative technologies, making it a groundbreaking achievement in the history of world aviation

Built a flight training centre with the latest flight simulation technology, placing Pegasus in the top 10% of companies out of the world's 582 airlines with this simulator

Integrated Groundlink End to End Network Solutions System into fleet, becoming the first airline in the world to do so