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PEGASUS HAVA TAŞIMACILIĞI A.Ş.

Regulatory Filings Mar 12, 2024

5947_rns_2024-03-12_7705731a-5c44-4721-bc7b-18a43e13ae17.pdf

Regulatory Filings

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PEGASUS HAVA TAŞIMACILIĞI A.Ş. FEBRUARY 2024 TRAFFIC RESULTS

MONTHLY CUMULATIVE
February February '24/'23 Jan-Feb Jan-Feb '24/'23
2024 2023 % Chg. 2024 2023 % YoY Chg.
Total Passenger (pax), mn 2.68 2.00 34% 5.34 4.14 29%
Cycle 14,658 11,696 25% 29,896 24,506 22%
Seat, mn 3.01 2.32 30% 6.14 4.86 26%
Load Factor (LF) 88.8% 85.9% 2.9pp 87.0% 85.2% 1.8pp
ASK (mn km) 4,542 3,392 34% 9,327 7,127 31%
pax/cycle 183 171 7% 179 169 6%
Domestic Pax, mn 1.09 0.85 29% 2.17 1.74 24%
Cycle 5,972 5,013 19% 12,029 10,359 16%
Seat, mn 1.20 0.97 23% 2.41 2.01 20%
LF 91.0% 87.0% 4.0pp 90.0% 86.7% 3.2pp
ASK (mn km) 908 754 20% 1,824 1,541 18%
pax/cycle 183 169 8% 180 168 7%
International* Pax, mn 1.58 1.15 38% 3.17 2.40 32%
Cycle 8,686 6,683 30% 17,867 14,147 26%
Seat, mn 1.81 1.35 34% 3.73 2.85 31%
LF 87.3% 85.1% 2.2pp 85.0% 84.0% 1.0pp
ASK (mn km) 3,634 2,637 38% 7,503 5,585 34%
pax/cycle 182 172 6% 178 169 5%

* including charter

Carbon Emissions Statistics
MONTHLY Sep.'23 Oct.'23 Nov.'23 Dec.'23 Jan.'24 Feb.'24
CO2 grams per RPK 60.4 60.0 62.5 61.1 60.2 57.2
CUMULATIVE 2019 2020 2021 2022 2023 2M24
CO2 grams per RPK 65.1 71.3 71.0 62.1 61.3 58.7

Jet fuel emission multiple used for Carbon Emission Stats (grCO2/RPK) is updated as 3.16 for the base year and all reporting periods. Emission factor is updated as 3.16 as of January 2024. All past emissions data for past periods have been restated using the updated emissions factor.

Available-Seat-Kilometer (ASK) = Seats flown x ASL (Average Stage Length) Load Factor (LF): Booked pax / Total seats RPK: Revenue Passenger Kilometer

This document is prepared by Pegasus Hava Taşımacılığı Anonim Şirketi ("Pegasus") in accordance with the Pegasus Information Policy. The information covered in this document may be based on Pegasus corporate records, its own internal research and estimates based on the knowledge and experience of the markets in which it operates or industry, market and similar data procured from third parties as indicated in the document. While Pegasus believes that third party data has been obtained from reputable sources it does not independently verify such data or commit to any undertakings regarding the completeness or accurateness of such data or such data not being misleading.

The data contained in this document aims to inform investors of the operational results, targets and expectations of Pegasus in a correct and transparent manner and on equal terms and does not intend any investment advice or any offer or solicitation in connection with securities issued by Pegasus. Investors must make their investment decisions based on all other information, events and circumstances available through different channels and that may affect their investment decisions.

Investor communication prepared by Pegasus may contain forward-looking statements, including targets or expectations. These forward-looking statements may be disclosed as targets or expectations or through expressions such as "anticipate", "believe", "estimate" or "expect" or using the future tense. Forward-looking statements may relate to the operational and financial performance of Pegasus, its growth and strategies or future plans and targets of Pegasus Management. Forward-looking statements relate to matters that have not yet realized. While forward-looking statements are based on reasonable assumptions and estimates, such statements are prone to uncertainty and risks and such statements reflect the targets and expectations valid as of the date of announcement. Many factors could cause the actual results to be materially different from targets and expectations expressed by such forward-looking statements.

In the absence of any legal obligations arising from the applicable capital markets law, Pegasus does not undertake to update, keep up-to-date or to periodically review the information contained herein, including any forward-looking statements. By using this document for any purpose you are deemed to have read, understood and accepted the warnings stated in this disclaimer.

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