Pegasus Airlines and Iberia Sign New Codeshare Agreement
Expanding Connectivity Between Türkiye, Spain, Portugal and Latin America
- Pegasus Airlines customers will gain access to thirteen Iberia-operated destinations, including eleven in Spain, plus Portugal and Brazil.
- Iberia customers will be able to fly directly to Istanbul on Pegasus Airlines’ Madrid–Istanbul service and connect onwards across Türkiye.
Pegasus Airlines has signed a new codeshare agreement with Iberia, offering passengers more choice and convenience.
Through this partnership, Pegasus guests can now travel seamlessly to 13 destinations via Iberia flights from Madrid-Barajas Airport. These include 11 Spanish cities; Málaga, Tenerife (North), Palma de Mallorca, Gran Canaria, Ibiza, A Coruña, Asturias, Lanzarote, Fuerteventura, Vigo and Seville, via Madrid, in addition to the routes already served by Pegasus; Madrid, Barcelona, Bilbao, and Seville. The network also expands to Lisbon in Portugal, and São Paulo in Brazil via Madrid.
In turn, Iberia passengers will benefit from access to Pegasus Airlines’ direct flight between Madrid and Istanbul Sabiha Gökçen Airport, with connections to seven domestic destinations across Türkiye: Izmir, Kayseri/Cappadocia, Ankara, Antalya, Dalaman, Bodrum and Adana.
At Madrid-Barajas Airport, connections between Iberia flights at Terminal 4 and Pegasus flights at Terminal 1 are coordinated to allow adequate transfer time. A free shuttle bus operates between terminals to facilitate convenient connections.
“This agreement with Pegasus Airlines reinforces Iberia’s commitment to offering our customers more and better travel options, connecting Spain and Latin America with Turkey and expanding our codeshare network. It also benefits Pegasus customers, who will now have easier access to several destinations we operate,” said María Jesús López Solás, Chief Commercial, Network Development and Alliances Officer at Iberia.
Pegasus Airlines’ Sales and Network Planning Group Director Emre Pekesen said: “We are delighted to sign this new agreement with Iberia and provide our passengers with enhanced connections across Türkiye, Spain, Portugal and Latin America. This is a very special moment for our airlines and we look forward to a long working relationship.”
For immediate release
Pegasus Airlines and Iberia Sign New Codeshare Agreement, Expanding Connectivity Between Türkiye, Spain, Portugal and Latin America
- Pegasus Airlines customers will gain access to thirteen Iberia-operated destinations, including eleven in Spain, plus Portugal and Brazil.
- Iberia customers will be able to fly directly to Istanbul on Pegasus Airlines’ Madrid–Istanbul service and connect onwards across Türkiye.
LONDON (22 October 2025) -- Pegasus Airlines has signed a new codeshare agreement with Iberia, offering passengers more choice and convenience.
Through this partnership, Pegasus guests can now travel seamlessly to 13 destinations via Iberia flights from Madrid-Barajas Airport. These include 11 Spanish cities; Málaga, Tenerife (North), Palma de Mallorca, Gran Canaria, Ibiza, A Coruña, Asturias, Lanzarote, Fuerteventura, Vigo and Seville, via Madrid, in addition to the routes already served by Pegasus; Madrid, Barcelona, Bilbao, and Seville. The network also expands to Lisbon in Portugal, and São Paulo in Brazil via Madrid.
In turn, Iberia passengers will benefit from access to Pegasus Airlines’ direct flight between Madrid and Istanbul Sabiha Gökçen Airport, with connections to seven domestic destinations across Türkiye: Izmir, Kayseri/Cappadocia, Ankara, Antalya, Dalaman, Bodrum and Adana.
At Madrid-Barajas Airport, connections between Iberia flights at Terminal 4 and Pegasus flights at Terminal 1 are coordinated to allow adequate transfer time. A free shuttle bus operates between terminals to facilitate convenient connections.
“This agreement with Pegasus Airlines reinforces Iberia’s commitment to offering our customers more and better travel options, connecting Spain and Latin America with Turkey and expanding our codeshare network. It also benefits Pegasus customers, who will now have easier access to several destinations we operate,” said María Jesús López Solás, Chief Commercial, Network Development and Alliances Officer at Iberia.
Pegasus Airlines’ Sales and Network Planning Group Director Emre Pekesen said: “We are delighted to sign this new agreement with Iberia and provide our passengers with enhanced connections across Türkiye, Spain, Portugal and Latin America. This is a very special moment for our airlines and we look forward to a long working relationship.”
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About Pegasus Airlines
Established in 1990, Pegasus Airlines adopted a low-cost airline business model after being acquired by ESAS Holding in 2005. As Türkiye’s leading low-cost carrier, Pegasus operates with the belief that everyone has the right to fly, offering low-cost travel on a young fleet of aircraft, whilst operating with the motto: “Your Digital Airline” since 2018. Pegasus’ network extends to 155 destinations in 54 countries, including 38 domestic (Türkiye) and 117 international routes. Operating mainly through its primary hub at Istanbul Sabiha Gökçen Airport, and other airports in Türkiye, Pegasus offers its guest seamless connections between Türkiye and Europe, the Middle East and North Africa, and Asia. With a customer-focused approach, Pegasus enhances the travel experience and value for its guests by offering digital technologies and unique innovations whilst making comprehensive efforts for a cleaner, more equal and harmonious future, with the mission of Moving Towards a Sustainable Future
