Asian airline shares fall as US-Iran conflict disrupts travel, raises oil prices - News Summed Up

Asian airline shares fall as US-Iran conflict disrupts travel, raises oil prices


Shares in other Asian carriers, including Japan's ANA Holdings, Air China, China Southern Airlines, China Eastern Airlines, Malaysia's AirAsia X and Taiwan's China Airlines and EVA Airways all fell at least 4%. Singapore Airlines cancelled flights to and from Dubai through March 7, while Japan Airlines suspended its Tokyo-Doha flights for the time being. Passengers left scramblingVirgin Australia, which leases planes operated by partner Qatar Airways for flights to Doha, said it had cancelled eight flights on Monday and was offering free booking changes. Qatar Airways passengers at Sydney Airport interviewed by Reuters said they were left scrambling to change plans with no guidance from the airline, which did not respond immediately to a request for comment. "We have no information at all, no answer on the phone from Qatar (Airways)," said Alessandra Giorgetti, who added the Qatar Airways flights had cost €4,000 (US$4,708.40 or RM18,381.20).


Source: The Edge Markets March 02, 2026 02:30 UTC



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