Tag Ancillary revenues

Airlines

Pegasus Airlines produces a strong quarter with a record operating margin

Turkish low-cost Pegasus Airlines returned to profitability in Q2 compared to last year and also produced a record-high operating margin of 33.6 percent. The airline benefited from strong demand but is warning that the exceptionally high unit revenues from 2022 are…

Richard Schuurman
August 15, 2023

Aeromexico, Airlines, Avianca, Azul, Latam

The importance of ancillary revenues in Latin America

Each year, ancillary revenues are becoming more and more important for airlines across the world. According to CarTrawler’s 2020 Yearbook of Ancillary Revenue, the simple ancillary revenue average during the first quarter for 2020 among 17 surveyed airlines was 22.1%…

Daniel Martínez Garbuno
October 12, 2020