Turkey’s Ground Services Provider Celebi Aviation Buys Indonesia’s PTN

Celebi Aviation and PTN officials celebrating merger

Officials celebrated the acquisition in Jakarta.

Credit: Celebi Aviation
Turkish ground services company Celebi Aviation announced its entry into the Indonesian market with the 100% acquisition of Prathita Titiannusantara (PTN) in a deal worth €7.5 million ($8 million). Already operating at 32 airports in Turkey, nine in India, one in Germany and another in Hungary...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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