General Directorate of Turkish Civil Aviation
Turkey's Pegasus to acquire stakes in İzAir from Air Berlin
Pegasus Airlines has reached an agreement to buy Air Berlin's 29.51 percent of stake in their subsidiary İzAir for 1.2 million euros, the carrier said in a written statement late on March 8.
The share of the company in İzAir will increase to 98.63 percent after the deal is finalized and approved by authorities, according to the statement to the Public Disclosure Platform (KAP).