EU Stands Firm as Iran War Impact on Tourism Remains Manageable
Draft EU guidance says tourism demand remains resilient even as jet fuel prices have risen nearly 84% since the war began, Reuters reported.
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Information is contained in a minute of guidelines of the block seen by Reuters; airlines warn that shortage of fuel supply may occur in a few weeks
Will Iran Crisis Disrupt Travel? EU Says No Emergency Tourism Measures Yet
The EU plans to inform airlines that the impact of the Iran war on tourism does not require emergency measures to waive passenger compensation for flight cancellations. Draft EU guidelines show that European airlines have managed the crisis well, thanks to hedges that protect them from rising costs, even with jet fuel prices up by […] The post Will Iran Crisis Disrupt Travel? EU Says No Emergency Tourism Measures Yet appeared first on Modern Dip…
Iran crisis does not yet warrant emergency measures for tourism sector, EU says
European airlines have largely ridden out the crisis so far, with hedges cushioning costs even as jet fuel prices have risen nearly 84% since the US-Israeli war with Iran began on February 28.
Iran crisis does not yet warrant emergency measures for tourism sector, EU says
The EU is set to tell airlines the impact from the Iran war on tourism is not severe enough to warrant emergency measures like waiving their obligations to compensate passengers for flight cancellations, draft EU guidelines seen by Reuters showed. European airlines have largely ridden out the crisis so far, with hedges cushioning costs even as jet fuel prices have risen nearly 84% since the U.S.-Israeli war with Iran began on February 28. Carrie…
The Iran war has transformed the eastern Mediterranean into a crisis region – with noticeable consequences for tourism. Many holidaymakers hesitate or remain completely out. A country is particularly hard hit.
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