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Turkish Airlines Slumps as Laptop Ban Risks Dreams of Global Hub

  • Carrier is among those with most to lose from U.S, U.K. steps
  • Stock posts biggest two-day slump in Istanbul this year
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How Middle East Carriers Are Impacted by Electronics Ban

Investors were just starting to warm to Turkish Airlines and its goal to be at the heart of an Istanbul airline hub after a turbulent year for the carrier’s stock. Then came Tuesday’s in-cabin electronics security restrictions, announced by the U.S. and the U.K.

Istanbul is among locations covered by the new travel curbs barring laptops and other devices from carry-on luggage. Turkish Airlines has tumbled 7.1 percent since news of the measures, the biggest two-day decline since Dec. 1.