Pegasus Airlines CEO on Travel Demand, Fuel Prices

The video discusses the increased orders for Airbus aircraft and the demand outlook post-COVID. It highlights the end of 'revenge travel' and a shift towards price sensitivity among travelers. The impact of rising fuel prices and the importance of hedging strategies for airlines are examined. The depreciation of the Turkish lira is discussed in terms of its effects on tourism and costs. Finally, the potential impact of climate change on travel patterns is considered, with a focus on Mediterranean destinations.

What was the percentage increase in capacity compared to 2019?

• 35%

• 30%

• 25%

• 20%

What is the current trend in customer behavior regarding airfares?

• Customers are more price-sensitive now.

• Customers are indifferent to prices.

• Customers are less price-sensitive now.

• Customers are avoiding air travel.

How much of Pegasus's fuel consumption is hedged this year?

• 30%

• 40%

• 50%

• 45%

What percentage of Pegasus's revenue comes from hard currency?

• 60%

• 70%

• 90%

• 80%

How does the depreciation of the Turkish lira affect tourism in Turkey?

• It makes Turkey less affordable for tourists.

• It has no impact on tourism.

• It makes Turkey more affordable for tourists.

• It discourages tourists from visiting Turkey.

What is the potential impact of climate change on travel patterns?

• Travel patterns will remain unchanged.

• Travel patterns may shift to different times of the year.

• Travel patterns will shift to different destinations.

• Travel patterns will decrease significantly.

What percentage of Pegasus's flights were to Russia before the Russia-Ukraine war?

• 1%

• 2%

• 3%

• 4%