Sky‑high losses: Iran war drives airlines to biggest crash since Covid – $50bn gone ...Middle East

Global airlines face their worst financial crisis since COVID-19 due to the Iran conflict, wiping over $50 billion off major carriers' market value. Soaring jet fuel prices, now double, threaten ticket price hikes and potential shortages. Executives warn of dampened demand from sustained high fares, while Middle Eastern airlines are hit particularly hard by airspace closures and tourism collapse.

Hence then, the article about sky high losses iran war drives airlines to biggest crash since covid 50bn gone was published today ( Sunday 22/03/2026 - 10:02 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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