Europe’s airlines eye opportunities from Iran war fallout
With services of dominant Gulf rivals disrupted, there is a brief window to provide direct flights that avoid the region’s hubs
With services of dominant Gulf rivals disrupted, there is a brief window to provide direct flights that avoid the region’s hubs

Carriers scale back expansion plans as oil prices soar

Traders expect prices to fall later this year, giving carriers hope they can lock in lower rates by being patient

More flights resume across Middle East despite some refuelling disruptions in Oman

Delta, United and American point to robust bookings among deep-pocketed travellers even as conflict boosts prices

European carriers hardest hit by Israel-Iran conflict, which has squeezed airspace already restricted by the fighting in Ukraine

American carriers’ decision not to hedge future purchases has left them exposed to sharp swings in oil prices