US EditionAirline shares selloff eases as some flights leave Gulf amid Iran conflict
Select flights from UAE hubs resume to evacuate stranded travelers amid Middle East airspace closure, with over 11,000 flights canceled since Saturday, aviation firm Cirium reported.
- On Monday, shares of major U.S. airlines fell 5% to 6% as several international carriers resumed limited departures from the United Arab Emirates.
- Regional airspace remained closed Monday after Saturday's US and Israeli strikes on Iran triggered retaliatory missile and drone attacks, prompting widespread flight disruptions.
- Flight trackers reported at least 11,000 canceled flights since Saturday, impacting more than 1 million passengers, while over 90% of Dubai and half of Abu Dhabi scheduled flights remain canceled, FlightAware said.
- Relief and repatriation services began, with at least 16 Etihad flights leaving Abu Dhabi and Flydubai operating four outbound and five inbound flights on Monday, according to tracking service Flightradar24.
- UAE Minister of Economy and Tourism Abdulla Bin Touq Al Marri said safe corridors handle 48 flights per hour, while Emirates keeps Dubai flights suspended until 2359hrs on 4 March.
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19 Articles
While air space has been closed over the Gulf countries since the American-Israeli attack on 28 February and Iran's rebuttals, scams to false reimbursements of airline tickets are increasing, fuelling a climate of distrust.
Airline shares selloff eases as some flights leave Gulf amid Iran conflict
Dozens of repatriation flights were due to take off from the Middle East on Wednesday as governments try to bring tens of thousands of stranded citizens home, while the selloff in global airline shares eased even as the U.S. and Israeli air war against Iran escalated.
UAE airlines continue limited operations as regular flights remain disrupted
Stay informed on UAE's aviation status as limited flights resume to assist stranded passengers. Get details on flight operations, safety measures, and travel guidance for Dubai, Abu Dhabi, and other major airports. Learn about rebooking options and refund policies to navigate travel disruptions effectively.
New Hampshire Union Leader
Pakistan TodayAirline, travel industries scramble with fallout from Middle East conflict
The airline and tourism industries scrambled to deal with the fallout from the escalating U.S. and Israeli air war against Iran, while governments rushed to bring stranded travelers home from the Middle East following the cancellation of more than 20,000…
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