Airline, travel industries scramble with fallout from Middle East conflict
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Stocks close in the red as widening Middle East conflict sparks inflation fears Gold slips on stronger dollar; safe haven demand remains high amid Iran conflict Oil pares some gains as Trump says U.S. to escort tankers through Strait of Hormuz After FOUR 60%+ wins - a new list of AI-picked stocks for March IS LIVE NOW (South Africa Philippines Nigeria) Airline, travel industries scramble with fallout from Middle East conflict By Stock Markets Published 03/03/2026, 02:29 PM Updated 03/03/2026, 06:12 PM Airline, travel industries scramble with fallout from Middle East conflict 0 LHAG -4.06% AIRF -7.90% RYAAY -2.01% LUV -1.08% CL -0.19% DAL 0.54% ICAG -5.44% ALK -2.01% 003490 -10.32% 0753 -3.11% 1055 -2.60% 9201 -6.44% WIZZ -6.46% QAN 0.00% By Byron Kaye, Joanna Plucinska and Rajesh Kumar Singh SYDNEY/LONDON/CHICAGO, March 3 - 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 flights in recent days. Major Gulf hubs including Dubai, the world’s busiest international airport, remained closed or severely restricted for a fourth day, leaving tens of thousands of passengers stranded. According to Flightradar24, some 21,300 flights have been cancelled at seven major airports including Dubai, Doha and Abu Dhabi since the strikes started. The attacks have upended travel across a growing region with several thriving business hubs that are trying to diversify away from oil-dominated economies. The turmoil also narrows an already-slim flight corridor for long-haul flights between Europe and Asia, complicating operations for global air carriers. Stranded travelers across the Gulf rushed to secure seats on a limited number of repatriation flights as governments moved to bring passengers home even as explosions tore through ...
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