Pegasus records first half growth in revenue, passengers and profit

Pegasus Airlines has announced its financial results for the first six months of 2015 with revenue growing by 9 per cent year-on-year to reach $500.34 million while simultaneously achieving an operational EBITDAR (profit before tax, interest, amortization and rent costs) of $43.8 million.
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Pegasus carried 10.17 million passengers during the first half of 2015, translating to a year-on-year increase of 10%. Having recorded 125,156 block hours with its 64-strong fleet, Pegasus also achieved an average 78% overall load factor during this period.

During the first half of 2015, Pegasus Airlines added London Gatwick, Lyon, Milan – Malpensa, Nice, Oslo and Kutaisi to its growing network of international destinations, together with Kastamonu to its domestic network in Turkey, to reach a network of 91 scheduled destinations in 37 countries comprising of 31 domestic and 60 international destinations.

Pegasus has invested during the first half of the year and has Airbus A320 neos on order for its growing fleet
 

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