{"id":45178,"date":"2025-06-24T12:45:22","date_gmt":"2025-06-24T12:45:22","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/06\/24\/pegasus-pgsus-2025-1-ceyrek-bilanco-yorumu\/"},"modified":"2025-06-24T12:45:22","modified_gmt":"2025-06-24T12:45:22","slug":"pegasus-pgsus-2025-1-ceyrek-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/06\/24\/pegasus-pgsus-2025-1-ceyrek-bilanco-yorumu\/","title":{"rendered":"Pegasus (PGSUS) 2025 1. \u00e7eyrek bilan\u00e7o yorumu"},"content":{"rendered":"<p>Pegasus Hava Ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 A.\u015e.\u00a0(PGSUS) 2025 y\u0131l\u0131 1. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Marba\u015f Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131;<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1280\" height=\"720\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/03\/pgsus-pegasus.jpg\" alt=\"| Rota Borsa\" class=\"wp-image-291385\" title=\"2 kurum Ford Otomotiv (FROTO) i\u00e7in hedef fiyatlar\u0131n\u0131 a\u00e7\u0131klad\u0131 6 HABERLER, G\u00fcndemdekiler, \u015eirket Haberleri Rota Borsa\" \/><\/figure>\n<h2 class=\"wp-block-heading\">Pegasus Hava Ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 A.\u015e. hisse haberleri<\/h2>\n<p>Buna g\u00f6re Marba\u015f Menkul de\u011ferlendirmesi \u015fu \u015fekilde; \u201cSat\u0131\u015flara \u00e7eyreklik olarak bakt\u0131\u011f\u0131m\u0131zda ge\u00e7ti\u011fimiz y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re 6\u2019l\u0131k art\u0131\u015fla 23.7mlr TL olarak a\u00e7\u0131kland\u0131\u011f\u0131n\u0131 beklentiye paralel sonu\u00e7land\u0131\u011f\u0131n\u0131 g\u00f6rmekteyiz. Euro bazl\u0131 bakt\u0131\u011f\u0131m\u0131zda ise 1Q24 d\u00f6nemine g\u00f6re  \u2019lik g\u00fc\u00e7l\u00fc b\u00fcy\u00fcme g\u00f6rmekteyiz.<\/p>\n<p>K\u0131r\u0131l\u0131mlara bakt\u0131\u011f\u0131m\u0131z zaman tarifeli u\u00e7u\u015f ve hizmet gelirlerinde 6 art\u0131\u015f g\u00f6r\u00fcrken en b\u00fcy\u00fck b\u00fcy\u00fcmenin ise B ile yurti\u00e7i taraftan geldi\u011fini g\u00f6rmekteyiz. Charter u\u00e7u\u015f taraf\u0131nda ise 1Q24 d\u00f6nemine g\u00f6re %5\u2019lik bir daralma meydana gelmi\u015ftir. Ge\u00e7ti\u011fimiz y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re u\u00e7ak say\u0131s\u0131nda \u2019l\u00fck art\u0131\u015fa paralel olarak misafir say\u0131s\u0131nda da \u2019lik g\u00fc\u00e7l\u00fc b\u00fcy\u00fcmeyi pozitif yorumlamaktay\u0131z. Yolcu trafi\u011finin detaylar\u0131na bakt\u0131\u011f\u0131m\u0131zda g\u00fc\u00e7l\u00fc b\u00fcy\u00fcmenin .5 ile d\u0131\u015f hatlar taraf\u0131ndan gelmesini de pozitif de\u011ferlendiriyoruz. \u0130\u00e7 hatlar misafir say\u0131s\u0131ndaki b\u00fcy\u00fcmenin %3.9 olarak ger\u00e7ekle\u015fti\u011fini g\u00f6rece zay\u0131fl\u0131\u011f\u0131n sebepleri aras\u0131nda ge\u00e7ti\u011fimiz y\u0131llara g\u00f6re sert ge\u00e7en k\u0131\u015f mevsimi ve ramazan etkisi oldu\u011funu d\u00fc\u015f\u00fcnmekteyiz.<\/p>\n<div class=\"kanews-banner kanews-banner-single\">\n<div style=\"min-height:280px\" data-empower-zone=\"159899\" class=\"empower-ad\"><\/div>\n<\/div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"910\" height=\"889\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/05\/BC41F0E6-6EBA-4957-8BC1-E8D11C9779BA.png\" alt=\"| Rota Borsa\" class=\"wp-image-318092\" title=\"| Rota Borsa\" \/><\/figure>\n<p>Net sat\u0131\u015flar\u0131n konsolide %4 daral\u0131p hacimsel sat\u0131\u015flar\u0131n artt\u0131\u011f\u0131 ortamda \u00fcnite kasa ba\u015f\u0131na gelire bakt\u0131\u011f\u0131m\u0131zda makro zorluklar , talepteki daralma nedeniyle sat\u0131n al\u0131nabilirli\u011fin artmas\u0131 stratejisi do\u011frultusunda fiyat art\u0131\u015flar\u0131n\u0131n ertelenmesi ya da s\u0131n\u0131rl\u0131 tutulmas\u0131yla beraber konsolide .2 darald\u0131\u011f\u0131n\u0131 g\u00f6rmekteyiz. \u0130\u00e7 piyasada \u00fcnite kasa ba\u015f\u0131na gelir .2 daral\u0131rken ihracat taraf\u0131ndaki jeopolitik dalgalanmalar ve risklerden kaynakl\u0131 .1 ile daha fazla darald\u0131\u011f\u0131n\u0131 g\u00f6rmekteyiz. Bu daralmay\u0131 negatif olsa da \u015firketin beklentileri dahilinde ger\u00e7ekle\u015fti\u011fi i\u00e7in n\u00f6tr yorumluyoruz.<\/p>\n<p>\u00d6nemli operasyonel verimlilik \u00f6l\u00e7\u00fctlerinden RASK (AKK ba\u015f\u0131na birim gelir) 1Q24\u2019e g\u00f6re %5 artarken CASK(AKK ba\u015f\u0131na birim gider) %6 artm\u0131\u015ft\u0131r , yak\u0131t hari\u00e7 CASK ise  artm\u0131\u015ft\u0131r bunun temel sebebi ise a\u011f\u0131rl\u0131kl\u0131 personel giderleridir. CASK b\u00fcy\u00fcmesinin RASK b\u00fcy\u00fcmesinden fazla olmas\u0131n\u0131 marjlar\u0131 bask\u0131lasa da PGSUS\u2019un hala en y\u00fcksek favok marj\u0131na sahip havac\u0131l\u0131k firmas\u0131 olmas\u0131n\u0131 pozitif de\u011ferlendiriyoruz. \u015eirket 1Q25 d\u00f6neminde  b\u00fcy\u00fcmeyle 42m \u20ac FAVOK elde ederek beklentinin \u00fczerinde sonu\u00e7lar a\u00e7\u0131klam\u0131\u015ft\u0131r. 1Q25\u2019de 62m \u20ac net zarar a\u00e7\u0131klasa da ge\u00e7ti\u011fimiz y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re hafif de olsa toparlanma g\u00f6rmekteyiz.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"559\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/05\/C7341A7C-A7BC-4F2E-BFB0-85536A2E0D85-1024x559.png\" alt=\"| Rota Borsa\" class=\"wp-image-318094\" title=\"| Rota Borsa\" \/><\/figure>\n<p>Beklentinin \u00fczerinde a\u00e7\u0131klanan FAVOK marj\u0131yla birlikte bilan\u00e7oyu pozitif de\u011ferlendiriyoruz. Zay\u0131f sezona ra\u011fmen operasyonel anlamda g\u00fc\u00e7l\u00fc veriler g\u00f6rmekteyiz , yaz sezonunu daha iyi beklemekle birlikte \u00f6n\u00fcm\u00fczdeki \u00e7eyrekte daha iyi sonu\u00e7lar g\u00f6rece\u011fimizi d\u00fc\u015f\u00fcnmekteyiz. U\u00e7ak filosunun gen\u00e7 olmas\u0131 ve yak\u0131t verimlili\u011fi sa\u011flayan NEO u\u00e7aklar\u0131n filo i\u00e7erisindeki y\u00fcksek y\u00fczdesinin etkisini pozitif de\u011ferlendirsek de y\u00fcksek yat\u0131r\u0131m d\u00f6neminin getirmi\u015f oldu\u011fu finansman giderlerine dikkat \u00e7ekmek isteriz. \u015eirketi cazip bulmakla beraber hem \u015firketin hem de havac\u0131l\u0131k sekt\u00f6r\u00fcnde olumlu teman\u0131n devam\u0131n\u0131 bekliyoruz. PGSUS 3.9x Net Bor\u00e7\/FAVOK, 7.5x FD\/FAVOK \u00e7arpanlar\u0131yla i\u015flem g\u00f6rmektedir.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"582\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/05\/EED0ACF2-FE6C-40E5-8FF3-A9FE8D1EEE56-1024x582.png\" alt=\"| Rota Borsa\" class=\"wp-image-318096\" title=\"| Rota Borsa\" \/><\/figure>\n<p>Bizi WhatsApp Kanal\u0131m\u0131z \u00fczerinden de takip edebilirsiniz. WhatsApp kanal\u0131 linki:\u00a0<a href=\"https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x\" target=\"_blank\" rel=\"noreferrer noopener\"><mark><mark style=\"background-color:#ffffff;color:#0d8a5c\" class=\"has-inline-color\">https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x<\/mark><\/mark><\/a><\/p>\n<p>Bizi Telegram \u00dczerinden de takip edebilirsiniz. Telegram kanal\u0131 linki:\u00a0<a href=\"https:\/\/t.me\/rotaborsa_halkaarz\" target=\"_blank\" rel=\"noreferrer noopener\"><mark><mark style=\"background-color:#ffffff\" class=\"has-inline-color has-vivid-red-color\">https:\/\/t.me\/rotaborsa_halkaarz<\/mark><\/mark><\/a><\/p>\n<p><em><em><strong>Marba\u015f Menkul yasal uyar\u0131s\u0131:<\/strong> Burada yer alan bilgiler Marba\u015f Menkul De\u011ferler taraf\u0131ndan bilgilendirme amac\u0131yla haz\u0131rlanm\u0131\u015ft\u0131r. Yat\u0131r\u0131m sinyal,bilgi, yorum ve tavsiyeleri yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda de\u011fildir. Yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti; arac\u0131 kurumlar, portf\u00f6y y\u00f6netim \u015firketleri, mevduat kabul etmeyen bankalar ile m\u00fc\u015fteri aras\u0131nda imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde sunulmaktad\u0131r. Burada yer alan sinyal, yorum ve tavsiyeler, herhangi bir yat\u0131r\u0131m arac\u0131n\u0131n al\u0131m sat\u0131m \u00f6nerisi ya da getiri vaadi olarak yorumlanmamal\u0131d\u0131r. Bu g\u00f6r\u00fc\u015fler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir ve sadece burada yer alan bilgilere ve sinyallere dayanarak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir. Burada yer alan sinyaller, fiyatlar, veriler ve bilgilerin tam ve do\u011fru oldu\u011fu garanti edilemez; i\u00e7erik, haber verilmeksizin de\u011fi\u015ftirilebilir. T\u00fcm sinyal ve veriler, Marba\u015f Menkul De\u011ferler taraf\u0131ndan g\u00fcvenilir oldu\u011funa inan\u0131lan kaynaklardan al\u0131nm\u0131\u015ft\u0131r. Bu sinyal ve kaynaklar\u0131n kullan\u0131lmas\u0131 nedeni ile ortaya \u00e7\u0131kabilecek hatalardan ve zararlardan Marba\u015f Menkul De\u011ferler sorumlu de\u011fildir.<\/em><\/em><\/p>\n<p><em><strong>Rota Borsa yasal uyar\u0131s\u0131:<\/strong> Burada yer alan yat\u0131r\u0131m bilgi, yorum ve tavsiyeleri yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda de\u011fildir. Yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti, arac\u0131 kurumlar, portf\u00f6y y\u00f6netim \u015firketleri, mevduat kabul etmeyen bankalar ile m\u00fc\u015fteri aras\u0131nda imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde sunulmaktad\u0131r. Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanlar\u0131n ki\u015fisel g\u00f6r\u00fc\u015flerine dayanmaktad\u0131r. Bu g\u00f6r\u00fc\u015fler, mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle sadece burada yer alan bilgilere dayan\u0131larak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pegasus Hava Ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 A.\u015e.\u00a0(PGSUS) 2025 y\u0131l\u0131 1. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Marba\u015f Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131; Pegasus Hava Ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 A.\u015e. hisse haberleri Buna g\u00f6re Marba\u015f Menkul de\u011ferlendirmesi \u015fu \u015fekilde; \u201cSat\u0131\u015flara \u00e7eyreklik olarak bakt\u0131\u011f\u0131m\u0131zda ge\u00e7ti\u011fimiz y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re 6\u2019l\u0131k art\u0131\u015fla 23.7mlr TL [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-45178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-borsa-haberleri"],"_links":{"self":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/45178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/comments?post=45178"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/45178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/45179"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=45178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=45178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=45178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}