Airline, travel industries scramble with fallout from Middle East conflictImpact of Middle East Conflict on Global Airline and Travel IndustriesBy Joanna Plucinska, Rajesh Kumar Singh and Byron KayeLONDON/CHICAGO/SYDNEY, March 3 (Reuters) - 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 travellers home from the Middle East following the cancellation of more than 20,000 flights in recent days. Disruption to Air Cargo and FreightMany passenger airlines also move cargo in their aircraft bellies, resulting in disruptions to air freight. Should the conflict drag on, it could cost the Middle East billions in tourism dollars, analysts estimate. Financial Impact on Airlines and Stock MarketsGlobal Airline Stock PerformanceAIRLINE STOCKS SLIPShares of air carriers worldwide fell on Tuesday. Regional Airline Stock MovementsShares of most U.S. carriers ended lower, with Southwest down about 1% and Alaska Air off roughly 2%.

Source: The Guardian March 03, 2026 19:41 UTC