Turkey’s Pegasus Hit By High Fuel Prices Despite Neo Efficiency

Pegasus tail
Credit: Kathy deWitt / Alamy Stock Photo
Turkish LCC Pegasus Airlines says its increasing share of Airbus A320neo-family seats are making significant contributions to its efficiency. However, high fuel costs greatly impacted the airline in the 2022 second quarter (Q2), resulting in a €40.4 million ($41 million) net loss. The Istanbul...

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