ECONOMY

Olympic Air, Cyprus Airways in code-sharing agreement

Olympic Air has signed a code-sharing agreement with Cyprus Airways as both companies aim to boost their presence in south eastern Europe.

Olympic Air said on Tuesday that the code-sharing agreement was signed in Nicosia in a deal covering both their domestic and international routes.

?Today, Cyprus Airways and Olympic Air are laying the foundations to work together in a cooperation with exceptional future prospects,? said Olympic Air executive president Yiannis Karakadas in a statement.

The agreement will be effective as of March 27 for selective flights before being broadened to all flight routes of both companies as of April 15.