Sky‑high losses: Iran war drives airlines to biggest crash since Covid - $50bn gone - News Summed Up

Sky‑high losses: Iran war drives airlines to biggest crash since Covid - $50bn gone


Subscribe to Newsletter to get latest insights & analysis in your inbox. Download the ETTravelWorld App and get the Realtime updates and Save your favourite articles. Many carriers had hedged against fuel price swings, but the rapid rise is expected to force airlines to pass on costs to passengers. At Geneva airport, for example, freight re‑routing has led to overflow onto services bound for Paris.Industry observers remain hopeful that airline valuations and demand will rebound once the conflict abates. "The share price has moved against all airlines since the start of the conflict," Jarvis said, adding that short sellers would likely close positions quickly if a ceasefire is announced.


Source: Economic Times March 23, 2026 07:49 UTC



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