All posts tagged: Turkeybased

Indian Firm Given Charge Of Mumbai Airport Ground Handling After Turkey-Based Celebi Loses Permit

Indian Firm Given Charge Of Mumbai Airport Ground Handling After Turkey-Based Celebi Loses Permit

Published by Webster

Last Updated:May 16, 2025, 19:26 IST Aviation watchog BCAS had revoked the permit of Turkey-based Celebi citing national security concerns. It has now handed over the ground handling job at the airport to Indothai. Indothai gets Mumbai airport ground handling job (PTI File Image) A day after the cancellation of the permit of Turkey-based Celebi, a provider of airport ground handling in India, aviation watchdog BCAS on Friday signed an agreement with Indian firm Indothai to take over the staff and assets at the Mumbai Airport. According to reports, the Bureau of Civil Aviation Security (BCAS) has nodded Indothai to operate the ground handling at the Mumbai Airport. BCAS on Thursday revoked the security clearance of Çelebi Ground Handling India Pvt Ltd – which operated under the umbrella of Turkey’s Çelebi Aviation Holding at major Indian airports – “in the interest of national security” with immediate effect. The revocation of Celebi’s permit comes amid boycott calls for Turkey, which picked up pace in India after Ankara backed Islamabad during Operation Sindoor – anti-terror strikes against …

Turkey-based Çelebi’s stock price crashes nearly 20% in 2 days; company says will pursue ‘administrative and legal remedies’ to reverse India’s decision | Business News

Turkey-based Çelebi’s stock price crashes nearly 20% in 2 days; company says will pursue ‘administrative and legal remedies’ to reverse India’s decision | Business News

Published by Parlour News

Turkey-based airport ground handling major Çelebi Aviation Holding’s shares have lost almost 20 per cent value on Thursday and Friday in the wake of India’s decision to revoke the security clearance of the company’s India arms, effectively bringing its India operations to a sudden halt. Meanwhile, the Istanbul-headquartered company told investors that it will “pursue all administrative and legal remedies” to reverse the Indian government’s decision. Underscoring the importance of its India business, the company said that a third of its consolidated revenue in 2024 came from its Indian subsidiaries. Amid the backlash in India over Turkey’s support for Pakistan in the in the India-Pakistan conflict, India’s aviation security regulator Bureau of Civil Aviation Security (BCAS) on Thursday revoked the security clearance of an Indian arm—Çelebi Airport Services India—of Çelebi on grounds related to “national security” with immediate effect. The revocation also applies to other associate entities of Çelebi in India. Defending itself, Çelebi Airport Services India said that it is “truly an Indian enterprise” led and managed by Indian professionals, and is “not a …