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15-Aug-2011 1:23 PM

Pegasus Airlines in negotiations with Airbus and Boeing regarding order for more than 100 aircraft

Pegasus Airlines CFO Serhan Ulga stated the carrier is in negotiations with Boeing and Airbus for an order totalling more than 100 aircraft (Aviation Exchange, 12-Aug-2011). The airline hopes to reach an agreement by the end of 2011. It has not yet decided whether to select one manufacturer or place a split order between the manufacturers.

Pegasus Airlines: "We are in the negotiation process for a big order with both manufacturers. We are seriously considering the best alternative. We'll go with whatever is the best economic equity value for our entire order," Serhan Ulga, CFO. Source: Aviation Exchange, 12-Aug-2011.