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14-Jan-2020 1:08 PM

Pegasus Airlines releases 2020 guidance, targets EUR210m profit

Pegasus Airlines released (13-Jan-2020) the following guidance regarding traffic and financial targets for 2020:

  • Capacity (ASKs): Increase between 12% and 18% year-on-year;
  • Utilisation (block hour): Stable;
  • Domestic load factor: Stable;
  • International load factor: Increase between 1.0ppt to 1.5ppts;
  • Number of aircraft: Increase by 10;
  • Domestic yield: Increase between TRY10 (EUR1.53) and TRY15 (EUR2.29);
  • International yield: Stable to slight increase;
  • Ancillary revenue per passenger: Between EUR1.0 and EUR1.5;
  • CASK: Stable;
  • CASK excluding fuel: 1% lower;
  • EBITDA margin: Between 32.0% and 32.5%;
  • Net income: Between EUR210 million and EUR250 million. [more - original PR]

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