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Home»Explore industries/sectors»Aviation»Pegasus Second Quarter Hit By Middle East Crisis, Fuel Cost Surge
Aviation

Pegasus Second Quarter Hit By Middle East Crisis, Fuel Cost Surge

By IslaAugust 14, 20261 Min Read
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Pegasus Second Quarter Hit By Middle East Crisis, Fuel Cost Surge | Aviation Week

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Kurt Hofmann
August 13, 2026

Pegasus

Pegasus A320neo.

Credit: Kurt Hofmann/Aviation Week

Turkish LCC Pegasus Airlines reported a challenging second quarter, dominated by geopolitical instability that negatively affected passenger flows and booking patterns. The airline said its international passengers decreased by 11% during this period, but the trend is improving. Based at Istanbul…

Kurt Hofmann

Based in Austria, Kurt covers European air transport for ATW.

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