Publisher: Maaal International Media Company
License: 465734
With the escalation of tensions between Israel and Iran, the global aviation sector has been subjected to significant disruptions, impacting air traffic and leading to significant economic losses for the sector and the stocks of companies listed on global financial markets.
Flight Cancellations and Airspace Closures
With the onset of the escalation, the first day saw direct impacts, with more than 1,800 flights between Europe and the Middle East being disrupted, and approximately 650 of them being canceled. Among the companies that took precautionary measures was Emirates Airlines, which announced the cancellation of all flights to Iraq, Jordan, Lebanon, and Iran.
With the escalation of tensions between Israel and Iran, the global aviation sector has been subjected to significant disruptions, impacting air traffic and leading to significant economic losses for the sector and the stocks of companies listed on global financial markets.
Flight Cancellations and Airspace Closures
With the onset of the escalation, the first day saw direct impacts, with more than 1,800 flights between Europe and the Middle East being disrupted, and approximately 650 of them being canceled. Among the companies that have taken precautionary measures is Emirates Airlines, which announced the cancellation of all flights to Iraq, Jordan, Lebanon, and Iran.