Pegasus Airlines 1Q deficit widens sharply
Credit: Rob Finlayson
Turkey’s fast-expanding low-cost carrier (LCC) Pegasus Airlines recorded a first-quarter net loss of TL104.5 million ($50.2 million), widened sharply from a deficit of TL6.3 million in the year-ago quarter. First-quarter revenue jumped 36% to TL512 million from TL377 million year-over-year, with...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
