Russia's largest tour operators are terminating their business with Turkey in response to the Kremlin's travel warning to the country in the aftermath of the downing of a Russian warplane, the Russia Today reported.
Major operators Pegas Touristik, Natalie Tours, Biblio Globus and Tez Tour have announced they are ending package holidays to Turkey.
The boycott could be a serious blow to Turkey's tourism industry. Turkey is one of the favorite and main tourist destinations for Russians. More than three million tourists from Russia visited the country last year, with over one million holiday makers in the first half of 2015.
The tourism industry accounts for 11 percent of Turkey's GDP, or $170 billion. The disruption of flights from Russia could cost Turkey about $30 billion a year, according to analysts.

Source: MENA.