Pegasus Airlines swings to profit in 1H

Credit: By Rob Finlayson
Turkish low-cost carrier (LCC) Pegasus Airlines ended the first half with a net profit of TRY44.1 million ($22.6 million), reversed from a TRY70.1 million loss for the same period last year. Turnover rose to TRY991.3 million, up from TRY799.2 million year-over-year. The fast-growing LCC—which...

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