Pegasus reports healthy Q1 turnover boost
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Turkey’s Pegasus Airlines has reported a healthy Q1 2016 turnover of 691.1 million Turkish Liras, up 19 percent year on year.
The carrier also increased the number of guests carried in the first quarter of 2016 by 18.6 percent year-on-year to 5.36 million.
“During what is regarded as the quietest season in the sector, we have implemented strategies that have helped us increase our aircraft utilisation and the share of our ancillary revenue in total revenue,” said Pegasus Airlines CEO Mehmet T. Nane.
“We’ve outlined our business strategy for the upcoming period. All our teams are well-equipped to further improve our service quality during the busy summer months.”
In Q1, Pegasus operated 39,249 flights, increasing its number of guests flying on domestic routes in Turkey by 21. percent year-on-year to 3.48 million; and increasing its guests flying on its international routes by 13.7 percent to 1.88 million.
Pegasus’s overall market share of the Turkish aviation sector on domestic routes in Turkey rose to 30.2 percent, while the airline’s market share on international routes from Turkey rose to 13.4 percent year on year.
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