Turkish Aviation Firm Lost $400 Million After India Revoked Security Clearance | Firstpost Live
A year after India revoked the security clearance of Turkish aviation services company Celebi amid tensions sparked by Operation Sindoor and Ankara’s support for Pakistan, chairperson Canan Celebioglu has spoken about the fallout, saying nearly $500 million in business value and 17 years of work disappeared 'in a single day'. Celebioglu reportedly described India’s May 2025 decision as one of the most painful episodes in the company’s history, saying thousands of employees were transferred to rival operators overnight and years of investment in one of the world’s fastest-growing aviation markets were effectively wiped out. Joshua Barnes tells you more.---
India Revokes Celebi Security Clearance | Celebi India Operations | Turkey India Relations | Operation Sindoor Fallout | Turkish Aviation Company | Firstpost | World News | Latest News | Global News | International News | Trending News
#india #celebi #turkey #aviation #operationsindoor #groundhandling #indiaturkey #aviationnews #businessnews #airportservices #worldnews #latestnews #globalnews #internationalnews #trendingnews
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