Pegasus Airlines
Turkish low-cost airline carrier operating flights across Europe, Middle East, and North Africa.
Company Type
public
Founded
1990
Headquarters
Istanbul, Turkey
Revenue
not publicly disclosed
Primary Market
Europe
About Pegasus Airlines
Pegasus Airlines is a publicly traded company owned by its shareholders. The airline was founded in 1990 as a joint venture between Aer Lingus and Turkish investors. Pegasus Airlines went public on the Istanbul Stock Exchange, making it accountable to public shareholders. As a public company, Pegasus Airlines is ultimately controlled by its shareholders, including institutional investors, retail investors, and company management.
History of Pegasus Airlines
Pegasus Airlines was founded in 1990 as a joint venture between Aer Lingus (Irish airline) and Turkish investors. The airline began operations with limited routes and gradually expanded across Europe and the Middle East. Pegasus Airlines went public on the Istanbul Stock Exchange, raising capital for fleet expansion and network growth. The company has since become one of Europe's largest low-cost airlines.
Brands Owned by Pegasus Airlines
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