Sustainability in full service carriers versus low cost carriers: A comparison of Turkish Airlines and Pegasus Airlines

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dc.authorid0000-0001-6036-0559
dc.authorid0000-0003-2995-1267
dc.contributor.authorYılmaz, Mustafa Kemal
dc.contributor.authorKöse, Aslıhan
dc.contributor.otherYönetim Bilimleri Fakültesi, İşletme Bölümü
dc.date.accessioned2025-03-14T08:28:33Z
dc.date.available2025-03-14T08:28:33Z
dc.date.issued2021
dc.departmentİHÜ, Yönetim Bilimleri Fakültesi, İşletme Bölümü
dc.description.abstractContinuous growth and use of natural resources bring sustainability into question in the aviation industry. Airlines are expected to implement sustainable business strategies to reduce detrimental environmental and social effects in their operations. Strategies in technological improvements may be strong solutions to enhance sustainability. These include environmental-friendly aircraft design, use of alternative fuels, low emission engine design, advanced air traffic management procedures. This study explores how two airlines, Turkish Airlines, as a Full Service Carrier (FSC), and Pegasus Airlines, as a Low Cost Carrier, have addressed sustainability in their business models over the period of 4 years (between 2014–2018). The results reveal that both companies have performed well in the strategic integration of sustainability by substantially investmenting in new fleet and technological advancements, that aimed at reducing emissions and fuel consumption. While Turkish Airlines has publicly available policies and regularly publishes sustainability reports transparently disclosing its progresses, Pegasus Airlines does not follow similar approach in addressing and communicating its sustainability activities to the shareholders and stakeholders. Thus, Turkish Airlines’ strategies leans more strongly towards sustainability than Pegasus Airlines.
dc.identifier.citationYılmaz, M. K. & Köse, A. (2021). Sustainability in full service carriers versus low cost carriers: A comparison of Turkish Airlines and Pegasus Airlines. T. Aksoy, Ü. Hacıoğlu (Ed.), Financial Ecosystem and Strategy in the Digital Era içinde (293-324 ss.). Berlin: Springer Nature. https://www.doi.org/10.1007/978-3-030-72624-9_13
dc.identifier.doi10.1007/978-3-030-72624-9_13
dc.identifier.endpage324
dc.identifier.issn2730-6038
dc.identifier.scopus2-s2.0-85161441089
dc.identifier.scopusqualityQ4
dc.identifier.startpage293
dc.identifier.urihttps://www.doi.org/10.1007/978-3-030-72624-9_13
dc.identifier.urihttps://hdl.handle.net/20.500.12154/3262
dc.indekslendigikaynakScopus
dc.institutionauthorYılmaz, Mustafa Kemal
dc.institutionauthorid0000-0001-6036-0559
dc.language.isoen
dc.publisherSpringer Nature
dc.relation.ispartofContributions to Finance and Accounting
dc.relation.publicationcategoryKitap Bölümü - Uluslararası
dc.relation.publicationcategoryTezden Üretilmiş Yayın
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectAir Transportation
dc.subjectEnvironmental Performance
dc.subjectFull Service/Low Cost Carriers
dc.subjectGovernance Performance
dc.subjectSustainability Performance
dc.subjectSustainability Reporting
dc.subjectTurkish Airlines
dc.titleSustainability in full service carriers versus low cost carriers: A comparison of Turkish Airlines and Pegasus Airlines
dc.typeBook Chapter
dspace.entity.typePublication
relation.isAuthorOfPublication9b408141-b1c4-485b-8f06-14ff4eccc6a7
relation.isAuthorOfPublication.latestForDiscovery9b408141-b1c4-485b-8f06-14ff4eccc6a7
relation.isOrgUnitOfPublicationc9253b76-6094-4836-ac99-2fcd5392d68f
relation.isOrgUnitOfPublication.latestForDiscoveryc9253b76-6094-4836-ac99-2fcd5392d68f

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