Pegasus Airlines of Turkey seeks foreign AOCs

Pegasus Airlines, a prominent airline based in Turkey, is currently in search of foreign Air Operator Certificates (AOCs). With a focus on expanding its operations and enhancing its global reach, Pegasus Airlines aims to collaborate with international AOC holders to further strengthen its position in the aviation industry. This strategic move aligns with the airline's commitment to providing exceptional services and fostering partnerships on a global scale. Pegasus Airlines welcomes potential AOC partners who share its vision of excellence and innovation in the airline industry. By leveraging the expertise and resources of foreign AOCs, Pegasus Airlines aims to enhance its capabilities and offer an even more comprehensive and seamless travel experience to its valued customers.


Pegasus Airlines (PC, Istanbul Sabiha Gökcen) is contemplating setting up carriers with their own Air Operator's Certificates (AOCs) in other countries as its fleet continues to grow, Chief Executive Güliz Öztürk said during the Routes World 2023 event.

"Our growth can be accelerated by looking at those opportunities," she said.

Strategy for Growth

She did not name any specific countries, although, in general, she revealed that Pegasus Airlines is looking to focus its growth in the east. As many countries in Asia have relatively restrictive bilateral air services agreements with Türkiye, Pegasus has conditioned its strategy on either securing more traffic rights or expanding through subsidiary carriers.


Previous Ventures

The Turkish LCC acquired a 49% stake in Kyrgyzstan's Air Manas in 2013, using it as a platform to launch a joint venture under the Pegasus Asia brand. It divested from the JV in 2019. Pegasus Asia operated just one B737-400 and one B737-800 transferred from the Turkish parent.


Unmaterialized Plans & Fleet Expansion

Pegasus Airlines had also considered launching a Ukrainian unit, but the plans did not materialise.

The advanced module shows the LCC recently grew its fleet to 100+ aircraft including six A320-200s, forty-six A320-200Ns, thirty-five A321-200NX, and fifteen B737-800s.



-Source(ch-aviation)

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