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Pegasus A.S. (Turkiye)

Main Activities: Scheduled Passenger Air Transportation
Full name: Pegasus Hava Tasimaciligi Anonim Sirketi Profile Updated: August 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Pegasus Hava Tasimaciligi Anonim Sirketi, also known as Pegasus Airlines, is an aviation company founded in Istanbul in 1990. It was established as a joint venture between Aer Lingus, Silkar Investment, and Net Holding. In 2005, it was acquired by ESAS Holding. Pegasus Airlines started operating scheduled domestic flights in November 2005 as a low-cost airline carrier, becoming the fourth scheduled airline in Turkey. The company believes in the "low-cost model" and aims to provide affordable air transportation to everyone. Güliz Öztürk serves as the General Manager, while Mehmet T Nane is the chairman of the board of directors. Pegasus Airlines has expanded its flight network over the years, currently offering flights to 129 destinations in 48 countries, including 36 domestic and 93 international destinations. The company focuses on providing a pleasant travel experience and has introduced ancillary services to support its low-cost carrier model. As of March 2023, Pegasus Airlines has a workforce of 6,973 employees. The company has made investments in flight safety and technology, including establishing Turkey's newest flight training center and integrating the Wireless Groundlink End to End Network Solutions system into its fleet. Pegasus Airlines became the first private airline listed on the stock exchange in Turkey, trading on Borsa Istanbul under the code "PGSUS" since April 26, 2013.

Headquarters
Aeropark Yenisehir Dis. Osmanli Bulvari No: 11/A, Kurtkoy, Pendik
Istanbul; Marmara; Postal Code: 34912

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Website: http://www.pegasusinvestorrelations.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 12, 1990
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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56.65%
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41.53%
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0.61%
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0.61%
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0.3%
Subsidiaries
Pegasus Havacilik Teknolojileri Ve Ticaret A.S.
100%
Hitit Bilgisayar Hizmetleri A.S.
36.82%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
61.71%
Total operating revenue
61.78%
Operating profit (EBIT)
30.88%
EBITDA
40.97%
Net Profit (Loss) for the Period
25.14%
Total assets
70.88%
Total equity
112.48%
Operating Profit Margin (ROS)
-4.63%
Net Profit Margin
-3.93%
Return on Equity (ROE)
-10.48%
Debt to Equity Ratio
-64.77%
Quick Ratio
0.02%
Cash Ratio
0.24%

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