Turkish Air Is Russia's Top Foreign Carrier as Lufthansa Recedes
- THY has increased number of flights by 16% this year
- Carrier bucking trend as European operators bail out
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Turkish Airlines has become the biggest foreign carrier serving Russia as competitors including former market leader Deutsche Lufthansa AG drop flights amid a slump in demand.
The Turkish operator has increased Russian flights by more than 16 percent in 2015 as international rivals cut services as much as 43 percent, according to Bloomberg Intelligence analysis of airline data. In September for the first time it offered more trips than the German carrier, which has reduced its Russian exposure by 31 percent this year.