Esas Holding is the controlling shareholder of Pegasus Airlines. Established in 2000, Esas Holding is the largest family-owned investment firm in Türkiye and is backed by the first- and second-generation family members of Şevket SABANCI, one of the five founding members of H. Ö. Sabancı Holding A.Ş., a leading Turkish conglomerate. With offices in Istanbul and London, Esas invests in various asset classes globally including private equity, real estate, venture capital and public markets.
The table below lists information relating to our direct subsidiaries and joint ventures. We do not have any indirect subsidiaries or joint ventures.
| Affiliate | Nationality / Area of Activity | Issued Share Capital | Nominal Shareholding | Share % | Affiliation with Pegasus |
|---|
| Hitit Bilgisayar Hizmetleri A.Ş. | Türkiye / Information Technology Solutions | TRY 300,000,000 | TRY 110,446,803 | 36.20% | Joint Venture |
| Pegasus Havacılık Teknolojileri ve Ticaret A.Ş. | Türkiye / Simulated Flight Training | TRY 100,000 | TRY 100,000 | 100% | Subsidiary |
| Pegasus Airlines Innovation Lab, Inc. | U.S.A. / Collaboration for and Development of Applicable Aviation Technology and Software Solutions | USD 200,000 | USD 200,000 | 100% | Subsidiary |
Pegasus Airlines Ventures LP | U.S.A / Carrying Out Investments for Innovative Technologies, Artificial Intelligence Products and Software Applicable in the Air Transport Industry | USD 1,000,000 | USD 1,000,000 | 100% | Subsidiary |
| Pegasus Europe B.V. | Netherlands/ Acquisition and Management of Foreign Equity Investment | EUR 250,000 | EUR 250,000 | 100% | Subsidiary |