Turkish low-cost carrier Pegasus Airlines reported a first-quarter net loss of TRY173.6 million ($61.2 million), widely sharpened from a net loss of TRY50 million a year ago. First-quarter revenue increased 19% to TRY691.1 million year-over-year (YOY), while passengers carried rose 18.6% YOY to 5.36 million. The airline said it had experienced a difficult quarter, notably because of the impact of several terrorist attacks within Turkey as well as in Brussels, which affected both yields and ...

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