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Hearing a plea filed by the company challenging the government’s order, the HC remarked, “The rule is better safe than sorry.
India’s sudden revocation of security clearance for Turkish aviation firm Çelebi has triggered a massive financial collapse, ...
The company, listed on the Istanbul Stock Exchange, saw its shares drop 20% in just two trading sessions. On 16 May, the ...
The Union Government on Monday opposed before the Delhi High Court a plea filed by Turkey based company Celebi Airport ...
The fallout has gutted Çelebi’s Indian operations, which contributed ₹1,522 crore in revenue and ₹393 crore in EBITDA in FY24 ...
Aviation has confirmed that its ground handling and cargo warehouse operations at select Indian airports have been suspended ...
Turkish company Çelebi Aviation said on Saturday it’s “fully cooperating” with Indian authorities and adhering to regulations ...
Delhi HC asks govt to justify Çelebi licence revocation without prior notice, stressing transparency in national security matters. The Turkish firm challenges the move, citing lack of due process, ...
Aviation is set to attend the trial at the Delhi High Court on 19 May 2025, after the Indian government revoked its security clearance. The company has already been replaced by other operators at ...
The security clearance of the firms was revoked days after Turkey backed Pakistan and condemned India’s strikes on terror ...
Shares of Çelebi Hava Servisi AS extended its free-fall for a second straight session and tanked another 10 per cent on ...
IGI Airport operator DIAL had also said that it was working with other ground handling players and cargo handlers to ensure ...