Turkish charter carrier Saga Airlines' air operator's certificate has been withdrawn by the country's civil aviation authority.
According to the authority the carrier "did not reach the requirements" for re-organisation of its business and that the time limit has expired.
Saga Airlines was established in 2004 and operated types including the Airbus A330 and A310, and Boeing 737-800. But the carrier has been battling financial problems for two years.
Turkey's civil aviation authority's decision follows the cancellation of Sky Airlines' certificate earlier this year.