Pegasus Wins 2024 CAPA Global Environmental Sustainability Airline of the Year Award

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Pegasus Wins 2024 CAPA Global Environmental Sustainability Airline of the Year Award

Foreks - Pegasus Airlines (IS:PGSUS); after receiving a regional award from CAPA in 2023, was honored with the title of “Global Environmental Sustainability Airline of the Year” at the 2024 CAPA Sustainability Awards. Supporting the sustainability goals of aviation with its slogan "Our Route is a Sustainable Future," Pegasus Airlines received the award at the 2024 CAPA Asia Aviation Summit and Sustainability Awards, organized by CAPA (Centre for Aviation), one of the most trusted market analysis sources for the aviation and travel industry. Ali Uzun, Chief Legal Counsel and Sustainability Director of Pegasus Airlines, accepted the award on behalf of the company at a ceremony held in Hong Kong on November 5, 2024.

Pegasus Airlines, which won the “Environmental Sustainability Airline Award for the Europe, Middle East, and Africa Region” at the CAPA Sustainability Awards in 2023, has extended its success to a global level this year following an independent assessment of airline emissions data, thus earning the “Global Environmental Sustainability Airline of the Year” award. Airlines awarded in various categories were selected based on independently obtained and analyzed data from the CAPA-Envest Global Environmental Sustainability Research Report conducted by CAPA.

Commenting on the award, Pegasus Airlines CEO Güliz Öztürk expressed, “We are honored to receive this special award from CAPA, which is a testament to the intense work and commitment driving our sustainability efforts at every level in the context of Environmental, Social, and Governance (ESG). By working towards our industry's Net Zero emissions target by 2050, we are making strategic investments in next-generation aircraft, expanding our use of sustainable aviation fuel (SAF), and implementing innovative technologies. I extend my heartfelt thanks to all my colleagues at Pegasus Airlines with whom we work resolutely for a more sustainable future.”

During the award ceremony, Ali Uzun, Chief Legal Counsel and Sustainability Director of Pegasus Airlines, stated, “It brings us great joy to achieve the same recognition on a global scale following the EMEA regional award last year. I believe that all airlines will continue to push the boundaries for a more efficient and sustainable future in international aviation, both economically and environmentally. Leading this challenging endeavor is very rewarding for us, and we are working with all our strength to reach our medium and long-term emission targets. I take pride in being part of such a successful organization as Pegasus Airlines.”

Simon Elsegood, President of CAPA – Centre for Aviation, said: “CAPA is pleased to award Pegasus Airlines '2024 Global Environmental Sustainability Airline of the Year' due to its combination of leading emission performance, excellent operational efficiency, and the strategic approach it has adopted to advance sustainability in all areas. Pegasus Airlines stands out globally in demonstrating how embedding sustainability initiatives into corporate culture and decision-making can positively transform an airline's operational performance.”

Managing its operations and activities with a focus on a “sustainable environment,” Pegasus Airlines aims to reduce flight-related carbon (CO2) emissions per revenue passenger kilometer (RPK) by 20% by 2030 compared to 2019, and to achieve net zero carbon emissions by 2050, as part of its ESG strategy and Climate Transformation Roadmap. Key pillars of Pegasus’s sustainability strategy include investments in next-generation aircraft, targets for fuel efficiency and expanding SAF usage, and solutions to enhance operational efficiency, such as increasing the use of electric ground service vehicles at Istanbul Sabiha Gökçen Airport.