Pegasus
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News
Pegasus Completes Acquisition of Smartwings Group for €142.3 Million
Pegasus Airlines announced that it has completed the acquisition of Czechia-based Smartwings Group. Following the receipt of the necessary regulatory approvals and the fulfilment of the conditions for the share transfer, the transaction was completed on October 1, 2026. According to the announcement, Pegasus acquired 70% of the shares in Smartwings Group, comprising České aerolinie (Czech Airlines), Smartwings and their…
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News
Czech Competition Authority Grants Conditional Approval for Pegasus’ Acquisition of Smartwings
The Czech Competition Authority (ÚOHS) has granted conditional approval for Pegasus Airlines to acquire Czech Airlines and its subsidiary Smartwings. The authority required certain commitments to be fulfilled, particularly to preserve competition on the Prague-Antalya route following the acquisition. In its review, ÚOHS assessed that the combined operations of Pegasus and Smartwings on the Prague-Antalya route during the summer season…
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Airlines
AirAsia X to Launch Its First Codeshare Partnership with Pegasus Airlines
Malaysia-based AirAsia X is set to launch its first-ever codeshare partnership with Pegasus Airlines. According to Aeroroutes, starting as early as September 1, 2026, AirAsia X will place its D7 flight code on five Pegasus-operated routes. Under the agreement, Pegasus flights from Istanbul Sabiha Gökçen Airport to Ankara, Athens, London Stansted, Moscow Vnukovo, and Zurich will also be available for…
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Airlines
Pegasus A321 Diverts to Bucharest After Medical Emergency Onboard
The Pegasus Airlines Airbus A321 (registration TC-RBG), operating flight #PC397 from St. Petersburg to Istanbul Sabiha Gökçen, issued a Squawk 7700 emergency signal shortly after takeoff. The aircraft diverted to Bucharest Henri Coandă International Airport, where it landed safely. It has been reported that the emergency code was triggered due to a medical emergency involving a passenger on board.
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Pegasus Airlines
Russian Conductor Dies on Pegasus Flight
Sergey Stadler, the chief conductor and artistic director of the St. Petersburg Symphony Orchestra, fell unwell on a Pegasus Airlines flight to Istanbul. The plane was forced to make an emergency landing in Bucharest. Stadler, aged 63, passed away during the flight. According to Russian media, Stadler felt unwell on board the Pegasus flight bound for Istanbul, which led to…
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Airlines
Pegasus to Launch London Gatwick Flights
Pegasus Airlines will launch scheduled flights from Istanbul Sabiha Gökçen Airport to London Gatwick Airport as of June 15. The new route is planned to operate daily. Pegasus already serves London Stansted Airport, while during the peak summer season the airline’s total London frequencies can reach up to 7 daily flights on certain days. With the launch of the Gatwick…
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Airlines
Pegasus Releases 2025 Sustainability Report
Pegasus Airlines has published its 2025 Sustainability Report, covering environmental, social, and corporate governance (ESG) initiatives. Prepared in line with the Turkish Sustainability Reporting Standards, the report highlights the airline’s operational growth, emission reduction efforts, employee experience, and innovation activities. ➡️ As of 2025, Pegasus operates 158 destinations with a fleet of 127 aircraft, with an average fleet age of…
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News
Pegasus Fleet Reaches 127 Aircraft by the End of 2025
Pegasus Fleet Reaches 127 Aircraft by the End of 2025 Pegasus Airlines shared updated information regarding its fleet structure, order book, and market position in a disclosure submitted to the Public Disclosure Platform (KAP). According to the statement, the airline’s total fleet reached 127 aircraft as of December 31, 2025. The fleet consists of 9 Boeing 737-800s, 6 Airbus A320ceo,…
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News
Pegasus Announces 2025 Financial Results – €301 Million Net Profit
Pegasus has announced its consolidated financial results for 2025. The company generated total revenue of €3.41 billion in 2025 and closed the year with a net profit of €301 million. During the same period, EBITDA reached €840 million, reflecting the airline’s operational growth in its financial performance. Pegasus carried a total of 43.3 million passengers throughout 2025, marking a 15…
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Airlines
Pegasus–Air Canada Codeshare Deal
Codeshare Agreement Signed Between Pegasus Airlines and Air Canada 🇹🇷✍🏼🇨🇦 ✈️ Türkiye’s largest low-cost carrier Pegasus Hava Yolları has signed a codeshare agreement with Canada’s flag carrier Air Canada. The agreement expands commercial cooperation between the two airlines and increases connection options on the Türkiye–Canada route. 🌍 Under the partnership, passengers traveling from Canada with Air Canada to selected European…
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