
In 1990, Pegasus Airlines was founded as a charter carrier by a joint venture between Aer Lingus, Silkar Investment and Net Holding with 2 Boeing 737-400s.
Subsequently, it was acquired 100% by ESAS Holding and, from a charter carrier, became a low-cost carrier.
In 2005, it inaugurated its first domestic flights and the following year the first international flights to Germany began on Stuttgart.
