India-Pakistan crisis: Turkish Airlines share price crashes 10% in one month

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India-Pakistan conflict: Turkey’s tourism industry is reeling under the effect of the India-Pakistan conflict, with the shares of Turkish Airlines crashing over 10% in the last one month.

Turkey’s public support for Pakistan after India’s military operation against terrorist installations in Pakistan and Pakistan-occupied Kashmir sparked widespread cancellations from Indian travellers to the country.

MakeMyTrip, earlier this month, said flight bookings to Turkey have dropped by 60% in the last one week and cancellations surged by 250%.

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