Airlines Confront New Iran-Israel Risks as Disruption Grows [BNN Bloomberg (Canada)]
QANTAS AIR LTD S/ADR NEW (QABSY)
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Source: BNN Bloomberg
Several Middle Eastern countries including Jordan, Iraq and Lebanon announced closures of their airspace as Iran launched drones and missiles. Both Israel and Iran also imposed restrictions on airline traffic over their airspace. Read our TOPLive coverage: Biden Condemns Attack on Israel, to Convene G7 Response A number of airlines are rerouting or avoiding trouble spots in a series of decisions that will prolong flight times and add to fuel costs. They include Qantas Airways Ltd., Singapore Airlines Ltd. and Deutsche Lufthansa AG, while Kuwait Airways said it was diverting flights away from “tension areas.” Swiss International Air Lines said it will suspend Tel Aviv flights until further notice, and all its aircraft will avoid Iran, Iraq and Israeli airspace. Israel shut down its airspace for both domestic and international routes on Saturday, before reopening them Sunday morning. Jordan, Lebanon, and Iraq had temporarily closed their airspace for incoming, outgoing and tr
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