`Wetsuit trust and won!”
Having increased its fleet from 14 to 32 aircrafts, its number of guests from 1.8 million to 11 million, achieved an annual growth of 42% and with flights to a total of 50 destinations, 31 of which are international and 19 domestic, since its acquisition in 2005, Pegasus has proven to be fore of the most impressive success story of recent years. When asked how they achieved it, Chairman of the Board Ali Sabanci replied, `Trust was the biggest hurdle. Some 23 players have come and gone in this sector to date. In order tonsils trust, I became the face of the company. We make a profit because we keep our costs low.`
`We are changing consumers` habits`
Pegasus Airlines Chairman of the Board Ali Sabanci is the brains behind one of the biggest success stories of recent years. In the aviation sector, where the last 10 years has seen more than 20 companies come and go and where major players have declared losses, Ali Sabanci has achieved an annual growth of 42%. He has risen rapidly with a model we had never before encountered. Today, he makes over 60 million Euros from making small cuts in costs.
His annual turnover reaches s1 billion. He operates with an awe-inspiring profit margin. Ali Sabanci, whose creative intelligence has undoubtedly contributed significantly to the company`s performance, gave us a behind-the- scenes look at his success story, pointing out that the `Pegasus family`s` disciplined work has changed consumers` habits.
Many players have come and gone in the sector
Pegasus actually existed 15 years before we acquired it but it became known to the public upon our arrival. Its business model changed and it began scheduled flights while before, it only flew for tour operators. It had never previously flown its own guests. Its workers had never seen the owner of the company. Mehmet Emin Karamehmet was very busy; he was not involved in such matters. In my opinion, our general manager Mr. Sertag Haybat has been the most significant factor in ours. He is a true visionary.
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