Pegasus Airlines

Pegasus Airlines is one of Türkiye’s airline companies. Founded in 1990 in Istanbul through a joint venture between Aer Lingus Silkar Investment and Net Holding, Pegasus began operations with a vision to transform the aviation industry by making air travel accessible to everyone. After being acquired by ESAS Holding in 2005 it continued its operations as Türkiye’s fourth scheduled airline carrier.

Pegasus Logo 2025.

Pegasus conducted its first flight in 1990. Initially serving six domestic destinations it now operates flights to a total of 130 destinations including 37 within Türkiye and 93 abroad. The company gained prominence through its low-cost carrier model and has become the market leader in this segment in Türkiye. In 2013 it was listed on the Borsa Istanbul as a kote becoming the first private airline company to be traded on the stock exchange.

Pegasus embraces the low-cost aviation model to provide its passengers with economical safe and on-time travel. After its acquisition by ESAS Holding in 2005 it designated Istanbul Sabiha Gökçen Airport as its main hub and significantly expanded its flight network across Türkiye. The company continues to grow through innovative services focused on flight safety technological investments and customer satisfaction.

Pegasus has maintained its leadership in the industry through technological investments and sustainability-focused initiatives. In 2011 it integrated the Wireless Groundlink End to End Network Solutions system into its fleet becoming the first airline globally to implement two-way data transfer. Additionally by establishing a flight training center it joined the exclusive group of airlines worldwide that own flight simulators.

The company also places importance on social responsibility initiatives launching its first such project in 2018 titled “Flying Towards the Future”. In 2019 it signed the United Nations Global Compact becoming the first airline in Türkiye to do so.

^{Pegasus Airlines Fleet Structure.}

• Domestic Routes: Operates scheduled flights to 37 different destinations within Türkiye.
• International Routes: Operates international flights to 109 different destinations.
• Total Destinations: Pegasus serves a total of 146 destinations with an extensive flight network.
• Total Countries: Pegasus operates flights in 53 different countries establishing a global transportation network.
• Fleet Size: Its fleet of 118 aircraft enhances the airline’s operational capacity and flexibility.
• Average Fleet Age: The average age of Pegasus’s fleet is 4.5 years indicating a modern and efficient fleet.

• Domestic Market Share: Pegasus holds a 27.5 percent market share on domestic routes.
• International Market Share: It maintains a 14.4 percent market share on international routes.