Flying-Tiger
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Pegasus To Place Large NB Order

Fri Nov 11, 2011 7:20 am

Quote:
Turkish low-cost carrier Pegasus Airlines is in the late stages of weighing up offers for re-engined aircraft from Airbus and Boeing. Serhan Ulga, CFO, Pegasus Airlines, says the company will place the order for more than one hundred narrowbodies by the end of this year. The order would be worth about $9 billion at list prices.
http://www.airfinancejournal.com/Art...84/Pegasus-nears-737Max-order.html

And the show continues... another 100 NBs to be ordered this year.
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BreninTW
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 7:32 am

While the blurb says "both manufacturers," the page title and URL say that the order is going the way of the 737MAX ... be interesting to see which way it will go.
 
tk1244
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 8:29 am

Some time ago Ali Sabanci said that they would retire the A319/A320's operating for Izair and that they would continue with 737 only. Can't find the source anymore, but I think they will choose the 737MAX. We'll see  
"The future is in the skies. For any nation that cannot defend its skies will never be confident of its future." Atatürk
 
leftyboarder
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 8:54 am

Well, I think it makes sense to continue with 737 series, as their current fleet (excluding IzAir subsidiary) is entirely 738s. In any case, 100 planes is a lot of planes to fill, I hope they have plans made on how to utilize them. Although Turkish domestic market still has potential, without open skies with other countries or Turkey joining EU single aviation market it is a little too optimistic.
 
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TK787
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 8:59 am

More than one hundred NBs!!!!!!
It is just hard to believe that Pegasus can do this financially or there is a need for such a big LCC in Turkey to compete with TK or TK's sister companies AnadoluJet and Sunexpress!
Looking into the 10-15 years from now, TK with 250 NBs, Pegasus with 125 NBs, AnadoluJet with 50 NBs, Sunexpress with 100 NBs, Atlasjet with 50 NBs, Onur Air with 75 NBs..... Really!!!
 
ba319-131
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 12:06 pm

100 new planes seems an incredible order for Pegasus, they must have a huge growth strategy planned.

In terms of suppliers, this is Boeing's to loose, don't think they will.
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Clydenairways
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 1:20 pm

Quoting ba319-131 (Reply 5):
100 new planes seems an incredible order for Pegasus, they must have a huge growth strategy planned.

While an order of this size seems unrealistic, if you look at a few factors for the future it makes more sense.

Turkey is the 18th most populated country in the world and compared to Europe, only Germany has a bigger population.
The Turkish economy has been booming in recent years making Air travel affordable to more and more of the population, and huge potential for future growth.
The size and terrain of the country make domestic air travel a very effective way to get from one place to another.
Tourism had had a massive increase in recent years driven by price advantages compared to European traditional markets that became expensive under the Euro. This will continue to grow.
 
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scbriml
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 1:42 pm

Pegasus and Izair only have 40 planes between them today, so this would be significant growth! But, they'll look nice whichever plane they chose.

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leftyboarder
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 1:50 pm

Quoting scbriml (Reply 7):
But, they'll look nice whichever plane they chose.

Their latest color scheme is slightly different (no pegasus horse) but still attractive, you're right!
 
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TK787
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 2:08 pm

Quoting clydenairways (Reply 6):

Sure, I agree.
If all goes well, Turkey might have 3 of the 10 busiest airports in Europe in 15 years.
Turkey might have over 50 airports with NB service,
and the Turkish population will be near 90 million.
By then the buying power of those folks might allow them to travel overseas more and more.
Also with things settling down in the Middle East and North Africa and lifting of visa requirements between Turkey and bunch of countries, all this could be possible;
again if all goes well....
 
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Stitch
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 2:22 pm

So that appears to be 9 customers with over 700 commitments for the MAX.

Looks like Boeing may be more fashionably late to the party than just late...
 
tk1244
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 3:15 pm

If this order continues, will it be divided between Pegasus Airlines and Air Berlin Turkey? Or will the new birds go to Pegasus, while the current -800s go to Air Berlin Turkey? Any thoughts?
"The future is in the skies. For any nation that cannot defend its skies will never be confident of its future." Atatürk
 
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EPA001
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RE: Pegasus To Place Large NB Order

Fri Nov 11, 2011 3:18 pm

Quoting Stitch (Reply 10):
So that appears to be 9 customers with over 700 commitments for the MAX.

That might very well turn out to be the case.  
 
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nitepilot79
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RE: Pegasus To Place Large NB Order

Sat Nov 12, 2011 1:03 am

Quoting leftyboarder (Reply 8):
Their latest color scheme is slightly different (no pegasus horse) but still attractive, you're right!

This Pegasus livery will be missed.
This is a logo jet!! A former Air Baltic 735 dresses up in a Turkish newspaper livery for Pegasus Airlines.
 
astuteman
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RE: Pegasus To Place Large NB Order

Sat Nov 12, 2011 7:04 am

Quoting Stitch (Reply 10):
So that appears to be 9 customers with over 700 commitments for the MAX.

Looks like Boeing may be more fashionably late to the party than just late...

Unless they're already in the mix, of course..  

It will be interesting to see if they (and the others) get the chance to "place the order" this year, and advance beyond the "commitment" stage.

Rgds
 
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Stitch
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RE: Pegasus To Place Large NB Order

Sat Nov 12, 2011 12:45 pm

Quoting astuteman (Reply 14):
Unless they're already in the mix, of course...   

If Pegasus had an MoU with Boeing already, it would be odd for them to issue a statement saying they had yet to make a decision and were examining RFPs from Boeing and Airbus.

Quoting Flying-Tiger (Thread starter):
Turkish low-cost carrier Pegasus Airlines is in the late stages of weighing up offers for re-engined aircraft from Airbus and Boeing. Serhan Ulga, CFO, Pegasus Airlines, says the company will place the order for more than one hundred narrowbodies by the end of this year.
 
Byrdluvs747
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RE: Pegasus To Place Large NB Order

Sat Nov 12, 2011 5:47 pm

Their new livery is absolutely horrible. The airline is named Pegasus but they decide to remove the winged horse? The "flyPGS.com" painted on the side just follows the lack of creativity trend of using xxx.com in liveries.
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Stitch
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RE: Pegasus To Place Large NB Order

Sat Nov 12, 2011 6:12 pm

Following up on Reply 14 and 15, Boeing announced another customer and 100 commitments for the MAX at the Dubai Air Show today, so...   
 
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kanban
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RE: Pegasus To Place Large NB Order

Sat Nov 12, 2011 7:22 pm

Quoting TK787 (Reply 4):
More than one hundred NBs!!!!!!
It is just hard to believe that Pegasus can do this financially or there is a need for such a big LCC in Turkey to compete with TK or TK's sister companies AnadoluJet and Sunexpress!
Looking into the 10-15 years from now, TK with 250 NBs, Pegasus with 125 NBs, AnadoluJet with 50 NBs, Sunexpress with 100 NBs, Atlasjet with 50 NBs, Onur Air with 75 NBs..... Really!!!


Remember deliveries will not start the next day and will probably be spread out over 7-10 years, so add obsolescence of existing units, sale of some models.. and the picture does not look like an over supply issue.
 
bahadir
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RE: Pegasus To Place Large NB Order

Sun Nov 13, 2011 11:47 am

PGT has had nothing but bad experience with the A319s and A320s they have received. (It's the higher management 's word not mine). The airline has management in place from Turkish and Istanbul Airlines days with Boeing experience and they love the product. As a poster said, this is Boeing's order to lose. Boeing Capital, US Eximbank created a really good environment for PGT to finance their existing orders and I am sure they will be instrumental in the next batch of orders.
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