Brief: Pegasus Q1 Loss Widens To 7.8 Bln Lira YoY

Pegasus Hava Tasimaciligi

12/05/2026 06:52

May 12 (Reuters) - PEGASUS HAVA TAŞIMACILIĞI PGSUS.IS:

SAID ON MONDAY Q1 LOSS OF 7.8 BILLION BLN LIRA VS LOSS OF 2.6 BILLION LIRA YEAR AGO

Q1 REVENUE OF 32.8 BILLION LIRA VERSUS 23.6 BILLION LIRA YEAR AGO

GEOPOLITICAL INSTABILITY RE-EMERGED AND ONCE AGAIN CREATED VOLATILITY IN DEMAND PATTERNS IN Q1

FOREIGN VISITOR GREW BY A MODERATE 2% YOY IN IN Q1, DIRECT TRAVEL DEMAND FROM TURKISH NATIONALS GREW STRONGLY, DELIVERING CLOSE TO DOUBLE-DIGIT YEAR ON YEAR GROWTH

IN THE END, TÜRKIYE’S TOTAL AIR PASSENGER VOLUMES PROVED TO BE RESILIENT, POSTING 6% YEAR ON YEAR INCREASE IN INTERNATIONA PASSENGERS AND 8% GROWTH IN TOTAL PASSENGERS

DOMESTIC PAX TRAFFIC OF PEGASUS ROSE BY 15% YEAR ON YEAR, WHILE INTERNATIONAL PAX GROWTH WAS MORE MODERATE AT 5%, REFLECTING THE ADVERSE IMPACT OF ESCALATING GEOPOLITICAL TENSIONS

 Source text: nIKA26vHF4nIKA4JJxFw
 Further company coverage: PGSUS.IS

 (Gdansk Newsroom)

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