Air fares between Asia and Europe have surged after major Gulf hubs, including Dubai, partially reopened following closures linked to the conflict between Israel, the U.S. and Iran. Airlines are still rerouting flights around restricted airspace, cutting economy seat supply and pushing up prices.
Many airline companies are facing longer flying times as a result of continuing airspace closure across much of the Middle East. Reports from Qatar say almost 8,000 passengers are currently stranded.
A number of airlines have suspended or cancelled their flights to and from Dubai until at least Wednesday 4th March. Some, including Air Canada and Finnair, have cancelled flights for over two weeks.
Airlines are prioritising repatriation, cargo, and repositioning flights, with services scheduled to destinations including London, Paris, Russia, Pakistan, and Somaliland.
Due to the ongoing conflict, airspace over Qatar is closed meaning some airlines have cancelled or suspended their flights for the remainder of this week. Malaysia Airlines and British Airways are due to restart flights tomorrow (Wednesday 4th March) and Thursday 5th March.
Delays and cancellations are occuring at Zayed International Airport, however airlines are hopeful there won't be disruption into next week. Eithad Airways are doing limited evacuation flights for stranded passengers.
Flights to the Middle East from Istanbul are heavily distrupted with Turkish Airlines and Pegasus both cancelling flights to Iraq, Jordan and Lebanon for at least the next 3 days. Istanbul remains a primary diversion point for flights connecting Europe and East Asia.
Travel stocks plunged on Monday, wiping $22.6 billion off the value of major airlines, hotels and travel companies, as escalating tensions between the U.S., Israel and Iran wreaked havoc on global aviation.
Key Middle Eastern hubs, including Dubai - usually the world’s busiest international airport with more than 1,000 daily flights - remained closed for a third consecutive day, leaving tens of thousands of passengers stranded.
Jordan partially closed its airspace, while the U.S. State Department urged Americans to leave more than a dozen countries in the region, including Saudi Arabia and the UAE.
Oil prices surged by up to 13% to levels not seen since January 2025, raising concerns over higher fuel costs for airlines.
European carriers were hit hard, with TUI down 9.9%, Lufthansa 5.2% and British Airways owner IAG 5.5%, while U.S. airlines such as Delta, United and American saw shares fall between 2% and 4%.
Analysts warned of weeks of disruption, citing flight cancellations, rerouting costs and rising fuel prices, with some projecting historic oil supply interruptions if tanker traffic through the Strait of Hormuz remains limited.
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Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
The U.S. has launched a fresh wave of strikes on Iran, targeting Islamic Revolutionary Guard Corps (IRGC) sites as Tehran retaliated against U.S. positions across the region, while Iranian officials said at least five people were killed and dozens wounded at a wedding near Sirik.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
The European Union's foreign policy chief Kaia Kallas says the bloc will tighten enforcement of sanctions against Russia over its war in Ukraine. EU foreign ministers were meeting in Ireland following renewed Russian strikes on cities across Ukraine.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
The families of 32 Kenyans who died in the 2019 Ethiopian Airlines Flight 302 disaster are set to receive a combined $87.3 million in compensation from victim funds linked to Boeing, bringing a significant chapter in the long-running legal battle closer to a conclusion.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
The U.S. has made its visa bond programme permanent for citizens of 50 countries, requiring some business and tourist visa applicants to pay refundable deposits of up to $20,000. Several Central Asian countries remain on the list, but Uzbekistan is not.
Kazakhstan is set to become the first country in Central Asia to introduce electric vertical takeoff and landing (eVTOL) air taxis into its transport system.
The wreckage of a Pan American Airways passenger plane that crashed in 1952 has been located on the floor of the Atlantic Ocean after a seven-year investigation led by the Air/Sea Heritage Foundation in partnership with the Discovery Channel, according to a recent press release.
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