Pegasus Reports Q2 2025 Profit Below Expectations
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Pegasus Reports Q2 2025 Profit Below Expectations
ISTANBUL – Pegasus Airlines announced a net profit of ₺5.1 billion for the second quarter of 2025, falling 13% short of the market consensus of ₺5.9 billion. The figure compares with a net profit of ₺4 billion in the same quarter last year and a net loss of ₺2.6 billion in the previous quarter. The company’s Q2 results showed strong revenue growth but higher costs weighed on profitability. Sales revenue rose 44.6% year-on-year to ₺38.4 billion, …
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