Travel stocks tumble as US-Iran conflict sparks worst disruption since pandemic - News Summed Up

Travel stocks tumble as US-Iran conflict sparks worst disruption since pandemic


That has left tens of thousands of passengers stranded as aviation faced its biggest test since the COVID-19 pandemic. The war sent U.S. airline shares lower on Monday, with Delta Air Lines, United Airlines and American Airlines falling between 2% and 4%. Shares in TUI, Europe's largest travel company, closed down 9.9% while Germany's Lufthansa declined by 5.2% and British Airways owner IAG lost 5.5%. Singapore Airlines cancelled flights to and from Dubai through March 7 while Japan Airlines suspended Tokyo-Doha services. Lufthansa cancelled passenger flights in and out of the United Arab Emirates, while Qatar Airways passengers in Sydney told Reuters they scrambled to rearrange travel with little information.


Source: The Star March 03, 2026 10:14 UTC



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