Pegasus increases its turnover to 2.86 billion TL in the first nine months of 2016

Pegasus Airlines achieved an EBITDAR (earnings before tax, interest, amortization and rental costs) of 540.44 million TL in the first nine months of 2016 with an EBITDAR margin of 18.9pc.  Pegasus’ profit for the first nine month period was  43,278,777 TL.

In the first nine months of 2016 Pegasus achieved 7.4% year-on-year growth in its total number of guests carried on domestic and international routes combined, flying a total of 18.08 million guests during this period. The number of Pegasus guests flying on Turkish domestic routes increased by 10.9% to reach 11.42 million while the number of guests flying on international routes witnessed a 1.9% increase with a total of 6.66 million guests flown. Pegasus also increased the number of flights it operated in the first nine months of 2016 by 10% to a total of 125,470 flights. Pegasus now flies a scheduled service to 33 destinations in Turkey and 69 in the rest of the world, bringing its total network to 102 destinations in 40 countries. 

In the first nine months of 2016 Pegasus grew its ancillary revenue by 25pc to reach 610,912,864 TL. Ancillary revenue per person saw a 16pc increase to reach 33.8TL.