Turkish LCC Pegasus Airlines is the 8th largest airline for intra-European seat capacity in August 2024 (after Ryanair, easyJet, Wizz Air, Lufthansa, Turkish Airlines, Vueling Airlines and British Airways) according to AIR SERVICE ONE analysis of Cirium schedules data. Pre-pandemic in August 2019 it ranked 13th.
The number of domestic flights has fallen by 18% while international flights have increased by 42%. Overall, flights have increased by 14%, seat capacity by 28% and ASKs (Available Seat Kilometres) by 54%. For comparison, during the same period, Ryanair's ASKs have risen by 39% and Wizz Air's by 63%.
With a fleet of 110 aircraft according to planespotters.net, the airline has almost finished transitioning from an all Boeing fleet to an all Airbus Aircraft fleet. Since the beginning of 2022 all its new deliveries have been of 239-seat A321neos which is why seat capacity has grown so much faster than flights.
The airline's most recently published traffic report shows that in the first half of 2024 it carried 17.43 million passengers at a load factor of 87.3%. This is up 23% from 14.13 million in the first half of 2023 when the load factor was 82.7%. International routes accounted for 61% of passengers and 82% of ASKs.
The graph below shows that Germany remains the airline's leading international market by some distance. Eleven new country markets have been added since August 2019 and just two dropped (both for geopolitical reasons). The airline's top four airports are ISG - Istanbul Sabiha Gokcen International Airport, Antalya, Izmir and Ankara.
Its busiest non-Turkish airports in August (by flights) are Cologne Bonn Airport, London Stansted Airport, Moscow VKO, Düsseldorf Airport, BER - Berlin Brandenburg Airport, Stuttgart Airport, Flughafen Wien - Vienna Airport, Amman and Royal Schiphol Group's Amsterdam.