Pegasus Airlines received three awards at the Airline Economics Aviation 100 European & Sustainability Awards 2025.

 

These accolades - Sustainability Team of the Year, European Treasury Team of the Year and Sustainability Aviation Financing Excellence Awards.

 

Sustainability Team of the Year

 

Pegasus’ Sustainability Team was named Sustainability Team of the Year in recognition of Pegasus’ value creation through a holistic approach and cross-functional ESG strategy including its climate transition roadmap, gender balance initiatives, and strong governance structure with transparent reporting practices.

 

European Treasury Team of the Year

 

The airline’s Treasury Team was awarded European Treasury Team of the Year for its diverse and leading-edge financing transactions that closed in 2024 and 2025. These includes several aircraft financings, sustainability-linked structures, Eurobond issuance, financing of the constructions of hangar buildings at Sabiha Gökçen Airport, spare engine financings and the industry’s first engine maintenance transaction which was supported under France’s export credit agency (ECA) BpiFrance’s credit insurance programme.

 

Sustainability Aviation Financing Excellence Award

 

Pegasus received the Sustainability Aviation Financing Excellence Award for its Sustainability-Linked JOLCO financing of three Airbus A321neo aircraft, executed in partnership with SMFL and SMBC. In this transaction, both the debt and equity components were directly linked to the company’s long-term sustainability targets.

 

Barbaros Kubatoglu, CFO of Pegasus Airlines, said: “These awards reflect Pegasus Airlines’ long-term commitment to building a financially resilient, innovative and sustainability driven airline. By embedding sustainability into layers of our financial strategy, from treasury operations to ESG-linked structures, we’re not just adapting to the future, we’re helping to shape it. This recognition belongs to our teams whose collaboration and innovation continue to set new standards in aviation finance.” -TradeArabia News Service