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India’s sudden revocation of security clearance for Turkish aviation firm Çelebi has triggered a massive financial collapse, ...
Turkey-based ground handling services company, moved the Delhi High Court agianst the decision of aviation watchdog BCAS ...
The company, listed on the Istanbul Stock Exchange, saw its shares drop 20% in just two trading sessions. On 16 May, the ...
The fallout has gutted Çelebi’s Indian operations, which contributed ₹1,522 crore in revenue and ₹393 crore in EBITDA in FY24 ...
Aviation is set to attend the trial at the Delhi High Court on 19 May 2025, after the Indian government revoked its security ...
The security clearance of the firms was revoked days after Turkey backed Pakistan and condemned India’s strikes on terror ...
Turkish company Çelebi Aviation said on Saturday it’s “fully cooperating” with Indian authorities and adhering to regulations ...
IGI Airport operator DIAL had also said that it was working with other ground handling players and cargo handlers to ensure ...
On May 15, 2025, India's aviation regulator, the Bureau of Civil Aviation Security (BCAS), revoked the security clearance of ...
In the petition, which is likely to be listed for hearing next week, the company raised questions on the criteria for ...
Turkish ground handling service group Çelebi on Friday launched a legal challenge to India's decision to revoke its security ...
In India, where Çelebi has been active for over 15 years, the company employs more than 10,000 Indians and has invested over ...