Despite tough times for Turkey's aviation sector in recent years, Pegasus Airlines has weathered the storm and is looking to new markets to further its expansion.
Political instability and security fears have left a lasting impact on Turkey’s tourism industry during the past year, but has it had the same impact on the country’s general air transport sector?
Although first formed as a charter business in 1990, Pegasus has taken-off in the scheduled market since it was acquired by ESAS Holding in 2005 and over recent years has been among the fastest-growing major scheduled airlines in Europe, even out-performing its local rival Turkish Airlines in terms of capacity growth.
