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Stock impact report

Airline Troubles Compound as Flight Cancellations Surpass 20,000 [Yahoo! Finance Canada]

AIR FRANCE-KLM ADS (AFLYY) 
Most Read from Bloomberg Of the 36,000 scheduled flights to or from the Middle East since Feb. 28, more than half have been canceled, analytics firm Cirium Ltd. said Wednesday. That equates to about 4.4 million seats. Thousands of passengers have been stranded in the Gulf region, forcing many to take circuitous, expensive routes to reach functioning airports in Saudi Arabia and Oman. The United Arab Emirates is establishing safe air corridors to allow for as many as 48 flights an hour, the economy ministry said. Here is a list of airlines that have announced adjustments to their regional flight schedules: Air France-KLM Air France suspended flights to and from Dubai and Riyadh through March 6, and to and from Tel Aviv and Beirut through March 8, according to its website Wednesday. KLM Royal Dutch Airlines suspended the remainder of its winter season flights to and from Tel Aviv, starting Sunday. It also halted flights to and from Dammam and Riyadh, Saudi Arabia, and Dubai Show less Read more
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