Pegasus Airlines & Turkish Airlines: Turkey's aviation booms, Istanbul Sabiha Gokcen Airport gains
Turkey is home to two of Europe's fastest growing airlines. Turkish Airlines increased ASKs by 16% in 2014 and LCC Pegasus Airlines grew by 20%. From a standing start as a scheduled carrier ten years ago, Pegasus' share of seats in Turkey reached 19% in 2014. Turkish remained the country's largest airline, but its market share of just under 54% in 2014 was unchanged from 2010. The main battlegrounds between the two are on international routes to/from Europe and in the domestic market, where Pegasus has grown particularly rapidly.
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