Thai Airways and Turkish Air Plan to Partner on Asia-Europe Flights
- Carriers sign MOU with aim to form joint-venture partnership
- Thai Airways plans to launch daily Bangkok-Istanbul services
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Thai Airways International Pcl and Turkish Airlines signed a memorandum of understanding Tuesday with the aim of forming a joint-venture partnership and working together on keenly-contested Asia-Europe routes.
Airline partnerships typically involve coordinating schedules and sharing revenue. Qantas Airways Ltd. and Emirates, for example, collaborate on Europe-Australia services. Tie-ups require approval from competition authorities.