LCC

Good Horse, Bad Horse: Turkey’s fast-growing LCC Pegasus Airlines had a bad Q2 but a great Q3. What’s next?

LCC

Good Horse, Bad Horse: Turkey’s fast-growing LCC Pegasus Airlines had a bad Q2 but a great Q3. What’s next?

November 2015

1 min read

Seth Kaplan

Issue Overview

Europe’s delightful summer didn’t do much for Air Berlin. But it sure paid dividends for ESAS Holdings, never mind that the Turkish investment company owns 12% of the struggling German carrier. Okay, so the Air Berlin investment isn’t working out. But ESAS is also the largest shareholder in Pegasus Airlines, which had a great summer.

Good Horse, Bad Horse: Turkey’s fast-growing LCC Pegasus Airlines had a bad Q2 but a great Q3. What’s next?

Good Horse, Bad Horse: Turkey’s fast-growing LCC Pegasus Airlines had a bad Q2 but a great Q3. What’s next?

Issue Overview

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