19-Oct-2009 12:38 PM

Pegasus Airlines and Kyrgyzstan Airlines form Kyrgyz Pegasus Airlines

Pegasus Airlines and Kyrgyzstan Airlines established a new JV, Kyrgyz Pegasus Airlines (KRA) (AA, 13-Oct-2009). The carrier will be used for international and domestic low fare operations. Pegasus will hold a 49% stake in the carrier and will wet lease two B737NGs to the new carrier. KRA plans to launch services from Bishkek in Nov-2009 with five aircraft, operating domestic services and routes to Istanbul, Dubai, Incheon, Astana and Moscow. The carrier also plans to operate services to China.