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Stock impact report

Airlines suspend flights to volatile region, refunds available [Yahoo! Finance]

AIR FRANCE-KLM ADS (AFLYY) 
Company Research Source: Yahoo! Finance
routes have rerouted and suspended flights over growing tensions between the U.S. and Iran. U.S. President Donald Trump warned that an American "armada" was headed to the country on Jan. 23 in response to the government crackdown on spreading protests, NBC News reported. As a result, aviation regulators in North America, Europe, and Asia instructed airlines to reroute away from Iranian airspace. A senior Iranian official issued a statement saying that any U.S. efforts to interfere would be interpreted "as an all-out war against us," according to Reuters Dutch flag carrier KLM suspended all of its flights to Israel, Saudi Arabia, and the United Arab Emirates until Jan. 26. Passengers on affected routes will not be rebooked until the situation stabilizes and it resumes flights. Travelers can either wait to be rebooked or request a refund from the airline through the KLM website. "Due to the geopolitical situation, KLM is currently avoiding the airspace of Iran, Iraq and Israel a Show less Read more
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