US war on Iran: 'Absolute disaster' for Middle Eastern airlines
Nadia Massih is pleased to welcome Dr. Wouter Dewulf, professor at the University of Antwerp AMS where he serves as Academic Director for the Master of Maritime/Air Transport Management.
According to Dr. Dewulf, the current crisis facing global airlines must be understood as a convergence of geopolitical upheaval and unstable markets.
The sharp rise in oil prices, driven by war, has immediately had a dramatic effect on the airline industry.
All the while, airspace instability and shifting travel patterns have produced an asymmetric impact across regions.
Fuel Crisis Hits Global Airlines
- United Airlines hikes checked bag fee by $10 as fuel prices continue to climb CNBC —
- JetBlue Raises Checked Bag Fees as Fuel Costs Soar The New York Times —
- Airline is forced to cancel Newquay to London flights after 'huge rise in fuel costs' in wake of Iran war Daily Mail —
- Airlines could start going bankrupt within weeks amid Middle East chaos with bookings down and oil soaring, Dubai billionaire jet tycoon warns Daily Mail —
- Middle East war creates multi-faceted challenge for airlines France 24 —