Concern about the disruption of air travel with the escalation of the conflict led to a decline in the shares of travel companies and airlines, as the shares of the largest travel company in the country fell. Europe (TUI) rose by more than five percent by 12:27 GMT, and shares declined Lufthansa By more than four percent.
“With the outbreak of the conflict in Ukraine, and the outbreak of the conflict between Israel and Gaza last year, demand for all-purpose travel in Europe was declining, and then the decline subsided after two weeks,” said Andrew Lobbenberg, an analyst at Barclays.
Iran launched its largest missile attack on Israel yesterday, Tuesday.
On Wednesday morning, a small number of flights were seen in Iranian airspace, according to Flight Radar 24 data, after Iran said its attack on… Israel I finish.
However, flights were diverted or canceled throughout the region in the absence of any signs of stability.
A spokesman for the Polish airline LOT said: “All aircraft, especially flights heading to… India“Avoid Iranian airspace until further notice.”
At the end of September, the European Aviation Safety Agency issued two notices for conflict zones, advising against the use of Israeli or Lebanese airspace “at all levels of flight.”
The agency did not issue a similar notice about Iranian airspace.
