pegasus-signingTurkey’s low cost airline; Pegasus Airlines today announced the largest ever aircraft order in the history of Turkish Civil Aviation.

A signing ceremony and press conference was held today at Pegasus Airlines’ new headquarters at Aeropark, Istanbul , Turkey, at which the airline’s order of 100 Airbus aircraft was unveiled to the public within the context of the airline’s newly revealed strategy for growth to 2023. Within this framework for expansion, Pegasus Airlines, who launched scheduled flights on 1 November 2005, announced their vision to create a “Fleet of the Future”.

The signing ceremony, jointly hosted by Pegasus Airlines’ Chairman Ali Sabanci and CEO, Sertac Haybat, was attended by The Republic of Turkey’s Minister for Transport, Maritime Affairs and Communications, Binali Yildirim, together with Airbus Executive Vice President, responsible for Europe and Asia Pacific, Christopher Buckley, and senior representatives from aviation, transport and business industries.

Pegasus Airlines Chairman, Mr Ali Sabanci, said: “When our first Pegasus flight took off, we had broken new ground by placing the biggest order in the history of Turkish private civil aviation at the time. Now, as we look ahead to the next decade, we know that, apart from human resources, an airline’s most important asset is its fleet; thus, once again, we have said to ourselves, ‘this is not enough;’ and so we continue to expand our fleet with this historic order of aircraft. This time it’s not just the largest order in the private civil aviation sector, but also the largest in the history of Turkish civil aviation. We are delighted to be signing this agreement with the world’s leading aircraft manufacturer, Airbus, for 100 new A320neo and A321neo aircraft worth a total of US $12 billion. With this pioneering investment in 100 new aircraft, we at Pegasus are breaking new ground in the development of Turkish civil aviation.”

Christopher Buckley, Airbus’s Executive Vice President, responsible for Europe and Asia Pacific, said: “Turkey is rapidly developing into Europe’s most dynamic commercial aviation market and Pegasus is one of the major players within this transformation. We are very proud that Pegasus Airlines has become Airbus’ newest customer with such a significant order of new aircraft. We wish Pegasus the greatest success with its new A320neo fleet and look forward to a long-term partnership together.”

After the speeches, the Republic of Turkey’s Minister for Transport, Maritime Affairs and Communications, Binali Yildirim, witnessed the signing ceremony for the order of 100 new Airbus A320neo and A321neo aircraft to the value of US$12 billion.

The first aircraft in this largest order in the history of Turkish civil aviation is expected to be delivered in 2015-2016. The delivery of this order is expected to be completed in 2022.