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Pegasus Airlines Wins Three Awards in Europe for Sustainability and Finance

Issue 31 - 2025
Pegasus Airlines Wins Three Awards in Europe  for Sustainability and Finance

Pegasus Airlines has won three prestigious awards at the Airline Economics Aviation 100 European & Sustainability Awards 2025, one of the aviation industry's most important events. With these awards, the company has once again demonstrated its pioneering role in sustainable aviation and its commitment to integrating environmental and social goals into its financial strategy.

Sustainability Team of the Year

Pegasus' Sustainability Team was recognized as the ‘Sustainability Team of the Year’ for its ESG strategy, which encompasses a holistic approach focused on creating value for the company, a climate transition roadmap aimed at achieving carbon neutrality, initiatives to ensure gender balance, and a strong governance structure supported by transparent reporting practices.

Pegasus Airlines has won three prestigious awards at the Airline Economics Aviation 100 European & Sustainability Awards 2025, one of the aviation industry's most important events. With these awards, the company has once again demonstrated its pioneering role in sustainable aviation and its commitment to integrating environmental and social goals into its financial strategy.

Sustainability Team of the Year

Pegasus' Sustainability Team was awarded the ‘Sustainability Team of the Year’ award for its ESG strategy, which encompasses a holistic approach focused on creating value for the company, a climate transition roadmap aimed at achieving carbon neutrality goals, initiatives to ensure gender balance, and a strong governance structure supported by transparent reporting practices. 

European Treasury Team of the Year

Another award won by Pegasus was the ‘European Treasury Team of the Year’ award. The company's Treasury Team earned this award through various innovative transactions completed in 2024 and 2025, including aircraft financing, sustainability-linked financing structures, Eurobond issuance, financing for hangar construction at Sabiha Gökçen Airport, spare engine financing, and the industry's first engine maintenance financing.

Sustainable Aviation Finance Excellence Award

Pegasus also received the Sustainable Aviation Finance Excellence Award thanks to sustainability-linked JOLCO financing, achieved in collaboration with Japan's leading financial institutions SMFL and SMBC, to add three Airbus A321neo aircraft to its fleet. This transaction stands out as a pioneering application worldwide, thanks to the direct alignment of its debt and equity components with Pegasus' long-term sustainability goals.

Kubatoğlu: “The awards are a testament to our sustainable and innovative approach.”

Barbaros Kubatoğlu, CFO of Pegasus Airlines, commented on the three awards won at the Airline Economics Aviation 100 European & Sustainability Awards 2025: “These awards reflect Pegasus Airlines’ long-term commitment to being a financially resilient, innovative, and sustainable airline. By integrating sustainability into every layer of our financial strategy, from treasury operations to ESG-linked financing structures, we are not only adapting to the future, but also helping to shape it. This recognition is a testament to the success of our teams, who continue to set new standards in aviation finance through collaboration and innovation."


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