Turkey
Pegasus Airlines, known by its slogan “Türkiye'nin Dijital Hava Yolu”, has established itself as a prominent low-cost airline in Türkiye since its acquisition by Esas Group in 2005.
Founded in 1990, the company launched scheduled domestic flights that same year, swiftly rising to become the fourth-largest scheduled airline in the country. Operating with an impressive fleet of 111 aircraft as of August 2024, Pegasus Airlines connects its passengers across 53 countries, offering 104 international and 35 domestic flight destinations.
Pegasus seeks to democratize air travel, maintaining the youngest fleet in Türkiye with an average age of 4.4 years, underpinning their mission to transform flying from a luxury to a routine part of life.
Their latest financing round involved a Post Ipo Debt investment from Sumitomo Mitsui Banking Corporation on 1 September 2025, reflecting robust investor confidence. Pegasus continues to focus on safety and technology to enhance travel experiences, aligning with their vision of offering economic, secure, and punctual travel.
