Turkey’s Pegasus places firm order for 100 Boeing jets

Boeing

Turkish low-cost carrier Pegasus Airlines has placed a firm order for 100 Boeing 737 Max-10 aircraft with the option for an additional 100 jets.

The Max-10, the largest model in the 737 Max family, can accommodate up to 230 passengers and has a range of 3,566 miles (5,740 kilometres).

The aircraft offers a 20 percent reduction in fuel consumption and emissions compared to the models it replaces.

Its efficiency and flexibility will enable Pegasus to serve more passengers on routes across Europe, the Middle East, Central Asia and Africa, with the lowest cost per seat of any single-aisle jet.

“Boeing aircraft have been an integral part of our operations since Pegasus entered the aviation industry in 1990,” said Güliz Öztürk, CEO of Pegasus Airlines.

“We continue to invest in our fleet in line with our growth targets in Türkiye and globally, and to expand our network by launching new routes,” he said.

Ozturk confirmed that Pegasus has the option to buy another 100 aircraft in the coming years if market conditions are right.

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The order will open new doors and create production and export opportunities both for Turkish manufacturers and the wider aviation industry, he said.

The deal is worth $5.85 billion after typical industry discounts, Reuters reported, citing estimated delivery prices from UK-based Cirium Ascend.  

Boeing’s commercial market outlook forecasts that European and Central Asian operators will take delivery of nearly 7,900 single-aisle airplanes during the next 20 years.

Pegasus’ purchase of 100 737-10 jets will bring the total orders of the 737 Max variant to more than 1,200 jets.