Pegasus Airlines restores profitability in 2014

Credit: Kurt Hofmann
Pegasus Airlines’ recorded a net profit of TL143.3 million ($55.4 million) in 2014, a 62% rise on 2013’s figure . The improvement restored the Turkish low-cost carrier’s (LCC) earnings figure to that of 2012 after a dip in 2013 caused by currency fluctuations. Revenue for 2014 rose 29% to TL3.1...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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