THY Stock (THYAO) Price and Chart
THY Stock (THYAO) Price and Chart
Turkish Airlines Corporation or THY (THYAO) is known to be the national carrier based in Istanbul Airport.
The company has an airline connection center at Ankara Esenboğa International Airport, where it oversees passenger traffic and flight operations, and the flight network extends from Europe, the Middle East to South Africa, and runs 181 destinations, including 139 outbound and 42 domestic flights, according to current data.
Turkish Airlines was selected by Skytrax, the Aviation ratings agency, which provides the best economy-class catering service and is the fastest growing airline in Europe.
THY was also recognized as the largest company in Southern Europe, and was recognized for its success in the industry, and has entered into sponsorship agreements with football giants.
Barcelona, Manchester United, and Shakhtar Donetsk are the official airline carriers.
THY Stock (THYAO) Price and Chart
Turkish Airlines is a company that employs about 38,000 staff and is growing daily, according to 2020 data. The number of pilots has also grown to close to 6,000.
THY Establishment
It was established in Istanbul on 20 May 1933 and was transferred to the Ministry of Transport in 1938.
On 21 May 1955, following the closure of the DHY General Directorate, the government was allowed to form a partnership with the name "Turkish Airlines Anonymous Partnership", and after approximately one year the company was approved by the Cabinet and registered with the Trade Register, an anonymous partnership with 60 million TL was established.
THY Public Offering
It first went public on December 20, 1990, and is traded on Borsa Istanbul under the ticker THYAO. Apart from that, it is also on the BIST 30 list, which includes the most valuable companies of Turkey.
THY is known to be a very lucrative investment tool among stock market shares. Stocks are sold by all banks. It appears to be a profitable investment option.
Companies Acquired by THY
- Flight of Bosnia and Herzegovina
- Air Albania
- In addition, its firms are known to have operated in different fields, including aviation, industry, fuel and real estate.
- Forty-nine percent of the company is in the Turkish Asset Fund.
THY Company Information
- CEO: Bilal Ekşi
- Number of Employees at Firm: 37,670
- Headquarters: Istanbul
- Established: 20 May 1933
- Industry: Aviation
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