ISTANBUL
A code share agreement between Turkey's national air carrier Turkish Airlines (THY) and Luxembourg's Luxair went into effect on Friday.
The agreement will enable better connections from Luxembourg to Istanbul and vice-versa.
Headquartered in Istanbul, THY operates scheduled services to 150 international and 41 domestic cities (38 domestic airports), serving a total of 187 airports, in Europe, Asia, Africa, and the Americas.
The airline increased its sales revenue by 40% in 2011, compared to 2010, and recorded operating profit of 339 million TL (185.04 million USD). Net profit came in at 19 million TL (10.3 million USD).
