About Pegasus Airlines
Pegasus Airlines is a company based in Istanbul (Turkey) founded in 1990. The company has 8,460 employees. Pegasus Airlines has completed 2 acquisitions, including CSA and Smartwings.
- Headquarter Istanbul, Turkey
- Employees 8,460
- Stage Public
- SectorsTravel & Hospitality
- Website category Travel and Tourism · Air Travel
- Website flypgs.com
- Social LinkedIn X Facebook
- Legal Name Pegasus Hava Tasimaciligi Anonim Sirketi
- Annual Revenue$3.59 B (USD)37.83as on Dec 31, 2025
- Net Profit$320.03 M (USD)3.5as on Dec 31, 2025
- EBITDA$863.26 M (USD)16.85as on Dec 31, 2025
- Latest Funding Round$116.74 K (USD), Grant
Oct 2016
- Investors
- Employee Count8,460
- Investments & AcquisitionsCSA
& 1 more
Apps and channels of Pegasus Airlines
Pegasus Airlines publishes 2 mobile apps with over 10M+ downloads.
Funding Insights of Pegasus Airlines
- Total Rounds 1
- Last Round Grant — $116,743
- First Round $116,743
(Oct 2016)
- Investors Count 1
All 1 funding rounds of Pegasus Airlines with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $116,743 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Pegasus Airlines
Pegasus Airlines has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Pegasus Airlines
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People of Pegasus Airlines
93 people are tracked at Pegasus Airlines (14 in leadership, 7 in board & advisors, 72 in team); the tracked headcount is 8,460.
| Name | Role | Group |
|---|---|---|
Ali Sabanci | CEO | Leadership |
Mehmet T. Nane | General Manager | Leadership |
Hande Gülkaç Msc | Senior Head Of Reservation And Payment Solutions | Leadership |
Ahmet Bagdat | Director Of Marketing And E-commerce | Leadership |
Kerem Agartan | VP - Engineering And Planning | Leadership |
A.ugur Coskun | Senior Head Of Data & AI Solutions | Leadership |
Mustafa N. Kandemir | Group Head Of Software Services & Architecture | Leadership |
Zeynep Ozyurt Akburak | Senior Head Of Business Analytics & Data Science - Revenue Management | Leadership |
Doruk Mit | Group Head Of Product Management & Development | Leadership |
Emin Erdevir | Director Of It, Commercial Solutions | Leadership |
Sakarya | Group Head Of Customer Experience | Leadership |
Ferhat Obenik | Senior Head Of Revenue Control | Leadership |
Bogac Ugurlutegin | Genel Müdür Yardımcısı / Senior Vice President | Leadership |
Aydın Tabur | Head Of Software Development At Digital Channels | Leadership |
David Vismans | Independent Board Member | Board & advisors |
Agah Uğur | Non-Executive Director | Board & advisors |
Aysegul Ildeniz | Independent Board Member | Board & advisors |
Ali İsmail Sabancı | Chairman | Board & advisors |
Hatice Zeynep Bodur Okyay | Director | Board & advisors |
Mehmet Cem Kozlu | Director | Board & advisors |
73 more people are available in the full profile.
Complete people profiles for Pegasus Airlines
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IPO & Listings of Pegasus Airlines
Pegasus Airlines is a publicly listed company on the BIST with ticker symbol PGSUS in Turkey, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Apr 2013
- Listed onIST: PGSUS
- Listed entityPegasus Hava Tasimaciligi Anonim Sirketi
- Exchange sectorTransportation
- ISINTREPEGS00016
- Share price135.20 TRY (-0.29% on the day) · 2026-10-09
- Market capitalisation67,800,003,052.00 TRY
- Price to earnings6.5
- EPS (diluted, trailing year)-2.60 TRY
- Volume (last session)667,918
Financials of Pegasus Airlines
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 154.13B TRY | 13.75B TRY | 37.09B TRY |
| 2024 | 111.82B TRY | 13.29B TRY | 31.74B TRY |
| 2023 | 70.53B TRY | 20.91B TRY | 21.64B TRY |
| 2022 | 42.73B TRY | 7.10B TRY | 13.99B TRY |
| 2021 | 10.66B TRY | -1.97B TRY | 2.28B TRY |
Detailed financial statements for Pegasus Airlines
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Investments & Acquisitions by Pegasus Airlines
Pegasus Airlines has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CSA and Smartwings.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Scheduled, charter, and private jet flights are operated by Smartwings. | smartwings.com | Prague, Czech Republic | 1997 | Dec 2025 | •••• | |
Passenger and cargo air services are operated internationally from Prague. | csa.cz | Czech Republic | 0 | Dec 2025 | •••• |
Complete acquisition details for Pegasus Airlines
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Timeline of Pegasus Airlines
5 dated milestones of Pegasus Airlines across 35 years, from founding to its latest funding, stage changes and deals.
- Founded Pegasus Airlines is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $117K.
- Acquisition Acquires CSA.
- Acquisition Acquires Smartwings.
Web traffic of Pegasus Airlines
The website of Pegasus Airlines (flypgs.com) receives about 11.6M visits a month and ranks #4,184 among all websites worldwide, #113 in Air Travel.
- Monthly visits11.6M
▲ 2% vs previous month
- Unique visitors4.3M
per month
- Global rank#4,184
among all websites
- Category rank#113
Travel and Tourism · Air Travel
- Bounce rate33%
- Pages per visit5.0
- Average visit5 min 45 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Pegasus Airlines. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
skyscanner.com.tr | skyscanner.com.tr | 100% | – | #11,730 | – |
| enuygun.com | 92% | 9.1M | #5,606 | View details | |
| turkishairlines.com | 89% | 16M | – | View details | |
ucuzabilet.com | ucuzabilet.com | 86% | – | #22,114 | – |
ajet.com | ajet.com | 84% | – | #7,487 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Pegasus Airlines
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- 40 similar websites
- Audience overlap
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Latest news on Pegasus Airlines
Complete news archive for Pegasus Airlines
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Similar companies to Pegasus Airlines
10 companies that operate in the same segment as Pegasus Airlines (Travel Agencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS-based operations management is provided for hospitality and aviation sectors. | 1987 | Madrid, Madrid, Spain | – | USD 7.66 B | 20,640 | |
Offers passenger and cargo transportation services | 1966 | Dallas, Texas, United States | – | USD 28.06 B | 72,450 | |
Passport and visa application services are provided internationally. | 2001 | Dubai, Dubai, United Arab Emirates | – | USD 88.7 M | – | |
Passenger airline operations are conducted across Mexico and Latin America. | 1993 | Mexico City, Mexico | – | USD 3.24 B | 7,360 | |
Air passenger transportation and loyalty program services are provided. | 2001 | Rio De Janeiro, Rio De Janeiro, Brazil | – | – | – | |
Passenger and cargo transportation services are operated via airplane fleet. | 1962 | Seoul, South Korea | – | USD 17.47 B | 18,210 | |
Low-cost scheduled passenger flights are operated by Norwegian Air Shuttle. | 2002 | Fornebu, Norway | – | USD 3.74 B | 7,270 | |
Holiday and tour packages are provided for travelers. | 1881 | Mumbai, Maharashtra, India | – | USD 895.08 M | 2,350 | |
Low-cost airline based out of US | 1903 | Miramar, Florida, United States | USD 575.26 M | USD 3.8 B | – | |
An airline carrier based out of Belgium | 2002 | Brussels, Brussels-capital Region, Belgium | – | – | – |
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Frequently Asked Questions about Pegasus Airlines
Pegasus Airlines was founded in 1990 and raised its 1st funding round 26 years after it was founded.
Pegasus Airlines is headquartered in Istanbul, Turkey.
Ali Sabanci is the current CEO of Pegasus Airlines.
Pegasus Airlines has 8,460 employees.
Annual revenue of Pegasus Airlines is $3.59B as on Dec 31, 2025.
Pegasus Airlines was founded in 1990 and is headquartered in Istanbul, Turkey. Operations are conducted as a low-cost carrier in the aviation sector, with scheduled domestic and international flights focused on short and medium-range routes. Affordable fares are enabled through a low-cost model. Services include online check-in, baggage handling, optional seat selection and meals, and a loyalty program for customer benefits.
Yes, Pegasus Airlines is publicly traded on BIST under the ticker symbol PGSUS.
Pegasus Airlines has made 2 acquisitions, including CSA, and Smartwings.
Pegasus Airlines has 1 investor. Key investors include European Union.
Yes. Pegasus Airlines publishes Pegasus: Cheap Flight Tickets and 1 more app, with over 10 million downloads.
The website of Pegasus Airlines receives about 11.6 million visits a month and ranks #4,184 among all websites worldwide.