Turkey’s Pegasus Aims To Raise Funding Following Q3 Net Profit

aircraft
Credit: Rob Finlayson
Turkish LCC Pegasus Airlines plans to issue debt instruments of up to TRY2.5 billion ($319 million) to raise additional funding. Following a Dec. 3 board meeting, the Istanbul-based airline has applied to the country’s Capital Markets Board to approve the issue. The search for new funds comes after...

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