Pegasus Increases Passenger Numbers by 5% in First Nine Months of 2026

Pegasus Airlines carried 33.4 million guests in the January-September period of 2026, achieving 5% growth compared to the same period last year. The company's total capacity increased by 4% in the same period. CEO Güliz Öztürk stated that despite global cost pressures and geopolitical uncertainties, they maintained their focus on balanced growth and operational efficiency. Öztürk emphasized that in the future of aviation, technology utilization, operational efficiency, and sustainability goals will determine competitiveness. The company plans to sustain growth by developing these three areas together. Pegasus operates flights to 161 destinations in 58 countries and derives 82% of its total revenues from international operations. With its investment in Smartwings and Czech Airlines, it has gained the opportunity to operate across a broader geography through an established operation in Europe. In the area of sustainability, the company completed 2025 with a CO2 emission intensity of 56.9 grams per revenue passenger kilometer, while in the first nine months of 2026 this level was 57.1 grams. Pegasus conducts its artificial intelligence projects under the FlyGPT program, which it launched in 2024, and in 2026 it incorporated agent-based AI into its work. Pegasus Innovation Lab, established in Silicon Valley at the end of 2023, connects global startups, universities, and technology companies with its business units. Not investment advice.