Pegasus Hava Tasimaciligi Anonim Sirketi Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Güliz Öztürk

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.7yrs
CEO ownership	n/a
Management average tenure	7yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO

Güliz Öztürk

2.7yrs

Tenure

Ms. Güliz Öztürk serves as President & General Manager at Pegasus Hava Tasimaciligi Anonim Sirketi. She serves as Chief Executive Officer at Pegasus Hava Tasimaciligi Anonim Sirketi since May 01, 2022. She...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mehmet Nane	Chairman of the Board	2.8yrs	no data	no data
Güliz Öztürk	President	2.7yrs	no data	no data
M. Kubatoglu	Chief Financial Officer	7yrs	no data	no data
Ergun Demirci	Chief Operations Officer	no data	no data	no data
Ömer Ömerbas	Investor Relations Manager	5.5yrs	no data	no data
Ali Uzun	General Counsel & Group Head of Sustainability	7yrs	no data	no data
Ahmet Bagdat	Director of Marketing & E-commerce	2.4yrs	no data	no data
Dilara Ogur	Chief Human Resources Officer	9.2yrs	no data	no data
Bogac Ugurlutegin	Group Head of Ground Operations	no data	no data	no data
Onur Dedeköylü	Chief Commercial Officer	2.7yrs	no data	no data
Ersel Geyik	Group Head of Cabin Services	no data	no data	no data
Baris Findik	Chief Information Technologies Officer	7.9yrs	no data	no data

7.0yrs

Average Tenure

Experienced Management: PGSUS's management team is seasoned and experienced (7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mehmet Nane	Chairman of the Board	2.8yrs	no data	no data
Mehmet Kozlu	Non-Executive Director	11.8yrs	no data	no data
Agah Ugur	Independent Non Executive Director	5.4yrs	no data	no data
Ali Sabanci	Director	no data	no data	0.61% TRY 654.2m
Hatice Zeynep Okyay	Non-Executive Director	8.5yrs	no data	no data
Stephen Griffiths	Director	less than a year	no data	no data
David F. Vismans	Independent Director	2.8yrs	no data	no data
Aysegul Ildeniz	Independent Director	2.3yrs	no data	no data

2.8yrs

Average Tenure

60yo

Average Age

Experienced Board: PGSUS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/10 04:26
End of Day Share Price	2025/01/10 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pegasus Hava Tasimaciligi Anonim Sirketi is covered by 24 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Derya Guzel	Ata Invest
Melih Turlin	Ata Invest
Ender Kaynar	Ata Invest

Pegasus Hava Tasimaciligi Anonim Sirketi Management

Management criteria checks 1/4

Key information

Recent management updates

Pegasus Hava Tasimaciligi Anonim Sirketi, Annual General Meeting, Mar 28, 2024

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Pegasus Airlines Appoints Ahmet Bagdat as Director of Marketing and E-Commerce

Pegasus Airlines Appoints Onur Dedeköylü as Its New Chief Commercial Officer

Recent updates

Third quarter 2024 earnings released: EPS: ₺21.65 (vs ₺15.44 in 3Q 2023)

Consensus EPS estimates increase by 11%

Price target increased by 8.7% to ₺263

Now 23% overvalued after recent price rise

Consensus EPS estimates increase by 36%

Second quarter 2024 earnings released

New major risk - Revenue and earnings growth

Now 21% overvalued after recent price rise

New major risk - Revenue and earnings growth

Consensus EPS estimates fall by 33%

Consensus EPS estimates fall by 17%

First quarter 2024 earnings released: ₺34.22 loss per share (vs ₺5.85 loss in 1Q 2023)

Investor sentiment improves as stock rises 15%

Pegasus Hava Tasimaciligi Anonim Sirketi, Annual General Meeting, Mar 28, 2024

Now 22% overvalued after recent price rise

Consensus EPS estimates increase by 11%, revenue downgraded

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 13%

Now 20% undervalued

Third quarter 2023 earnings released: EPS: ₺75.46 (vs ₺47.29 in 3Q 2022)

Price target increased by 7.6% to ₺1,036

Second quarter 2023 earnings released: EPS: ₺18.82 (vs ₺7.73 loss in 2Q 2022)

Less than half of directors are independent

Price target increased by 9.5% to ₺780

Consensus revenue estimates increase by 10%

Price target increased by 8.5% to ₺753

Pegasus Hava Tasimaciligi Anonim Sirketi to Report Q2, 2023 Results on Aug 14, 2023

Investor sentiment improves as stock rises 19%

Consensus EPS estimates increase by 21%

Consensus EPS estimates fall by 14%, revenue upgraded

First quarter 2023 earnings released: ₺5.85 loss per share (vs ₺10.75 loss in 1Q 2022)

Price target increased by 7.9% to ₺681

Consensus EPS estimates increase by 16%

Full year 2022 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorates as stock falls 20%

Consensus EPS estimates increase by 18%

Price target increased by 8.8% to ₺566

Investor sentiment improved over the past week

Consensus EPS estimates increase by 14%

Price target increased to ₺453

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ₺47.29 (vs ₺5.80 in 3Q 2021)

Price target increased to ₺290

Pegasus Hava Tasimaciligi Anonim Sirketi to Report Q3, 2022 Results on Nov 09, 2022

Less than half of directors are independent

Pegasus Airlines Appoints Ahmet Bagdat as Director of Marketing and E-Commerce

Second quarter 2022 earnings released: ₺7.73 loss per share (vs ₺6.48 loss in 2Q 2021)

Price target increased to ₺190

Price target increased to ₺181

Price target increased to ₺171

Price target increased to ₺162

Pegasus Airlines Appoints Onur Dedeköylü as Its New Chief Commercial Officer

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors

Pegasus Hava Tasimaciligi Anonim Sirketi Announces CEO Changes, Effective 1 May 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Pegasus Hava Tasimaciligi Anonim Sirketi to Report Q4, 2021 Results on Mar 04, 2022

Price target increased to ₺139

Price target increased to ₺114

Third quarter 2021 earnings released: EPS ₺5.80 (vs ₺1.01 in 3Q 2020)

Second quarter 2021 earnings released: ₺6.48 loss per share (vs ₺9.15 loss in 2Q 2020)

Price target increased to ₺88.28

Consensus forecasts updated

Consensus EPS estimates fall to -₺9.30

First quarter 2021 earnings released: ₺9.12 loss per share (vs ₺3.93 loss in 1Q 2020)

Consensus forecasts updated

Price target raised to ₺76.99

Full year 2020 earnings released: ₺19.21 loss per share (vs ₺13.03 profit in FY 2019)

Revenue misses expectations