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Iran war threatens $11.7 trillion global travel industry as passengers get caught in crossfire
More than 20,000 flights grounded and over a million travelers stranded worldwide as Iran's conflict with the U.S. and Israel disrupts airspace and travel routes, industry data shows.
- Cirium found that over 20,000 flights were grounded since Saturday, leaving more than a million people stranded as airlines struggle to repatriate travelers.
- U.S. and Israeli strikes on Iran last Saturday triggered Iran's retaliatory attacks on the United Arab Emirates, including Dubai International Airport, prompting the U.S. State Department to urge citizens to leave immediately.
- MSC Cruises said its ship MSC Euribia with more than 6,300 passengers is stranded in Dubai while debris struck Accor's Fairmont The Palm Hotel and the Burj Al Arab hotel had a fire earlier this week.
- The disruption threatens an industry valued at $11.7 trillion and has led to an 18-fold surge in insurance inquiries, with some hotels in Mexico reporting 10% lower bookings and rate cuts of 10% to 20%.
- Henry Harteveldt warned, 'This has spiraled into an aviation quagmire,' as over 20,000 flights have been grounded since Saturday amid Iran, Venezuela, and Mexico conflicts.
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The war between the US and Israel against Iran begins to seriously affect the global tourism industry, estimated at approximately $11.7 trillion, after millions of passengers have been hit by conflict-related disturbances, the CNBC transmits.
WHO: War With Iran Paralyzes Dubai's Global Humanitarian Supply Hub
The US-Israeli war with Iran, which has paralyzed air travel across the Middle East, has also frozen deliveries of vital medical supplies from the world’s largest humanitarian supply hub in Dubai to conflict-wracked countries from Afghanistan to Lebanon, said the World Health Organization on Thursday. “Operations at WHO’s logistics hub for global health emergencies in […]
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Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
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50% Center
L 25%
C 50%
R 25%
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