Subscribe Free
in Air Transport

Pegasus Airlines is bouncing back and looking to new markets

Posted 23 February 2018 · Add Comment

Pegasus Airlines has released a statement saying it is looking forward to expanding after ‘weathering Turkey’s tough times for Turkey's aviation sector in recent years.’

The airline said: “By the time the Turkish government had suppressed the military coup of July 2016, it was clear that tough times lay ahead for the country’s aviation sector. A series of high-profile terror attacks – including one devastating assault on Istanbul’s Atatürk International Airport – had already shattered Turkey’s appeal as a tourism hotspot and intercontinental aviation hub.

“Political unrest only looked set to damage its reputation further. With flag-carrier Turkish Airlines and low-cost rival Pegasus Airlines both posting operating losses for the year – their first in recent memory – concerns grew that Turkey’s era of double-digit passenger growth was grinding to a halt. The subsequent election of US president Donald Trump and the imposition of his laptop ban on Turkish and Middle Eastern carriers made 2017 appear no less ominous.

“Yet, despite battling headwinds on multiple fronts, the two network carriers rebooted their growth plans after bouncing back into profit. Amid a vastly improved security climate and a better-than-expected recovery in outbound demand, Turkey’s aviation sector now looks stronger than ever.”

Emre Pekesen, sales and network planning director at Pegasus said: “It’s true 2016 was a very catastrophic year for every airline in Turkey.

“The coup attempt and the other security issues affected inbound traffic a lot. But all those issues seem to be solved right now, and for 2017, I can say, it has definitely recovered.”

* required field

Post a comment

Other Stories
Advertisement
Latest News

Etihad Airways’ inflight magazine wins two awards

Etihad Airways’ inflight magazine, Atlas, published by London based Ink, has received two Communicator Awards in the major categories of Design Features – Photography and Design Features – Overall Design.

DAE secures four-year funding boost

Dubai Aerospace Enterprise (DAE) has signed a landmark unsecured four-year revolving credit facility with an initial commitment of US$480 million and an accordion feature that allows the facility to be increased to up to US$800

The Rotary Club

Dave Calderwood spotlights the work of the Middle East’s largest helicopter operator.

Gulf Air Supports Dreams Society with children’s initiative

Gulf Air recently partnered with Dreams Society, a non-profit organisation establish in 2011 with a mission to fulfill the dreams of children affected with terminal illnesses and debilitating diseases.

Oman Air reintroduces special Ramadan Iftar Meal Box

Oman Air has reintroduced its special inflight offering for its valued guests observing Ramadan.

UAE in the swing with GlobalEye

Saab unveiled its new GlobalEye swing role surveillance system (SRSS) aircraft during two days of ceremonies at Linköping, Sweden. The first day was closed, but was attended by a UAE delegation. Jon Lake reports.

TAA SK0902311218
See us at
GATM BT1004061118BIAS BT271017161118Cargo BT1004091018MEBAA BT1004121218Istanbul Airshow BT22018ASDubai BT1004091018EBACE 2018