Rapidly growing Turkish low-cost carrier (LCC) Pegasus Airlines continued to slip into the red in the first half of 2014 compared to the year-ago period. It made a net loss of TL17.9 million ($8.2 million), reversed from a profit of TL44.1 million last time. Sales were up 33% at TL1.3 billion, compared to TL989 million year-over-year. Its share of the Turkish domestic market rose from 26.7% to 28% and its share of the international market grew from 9.1% to 9.8% during the period. Passenger ...

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