Middle East crisis creates no winners, airlines say

The escalating conflict in the Middle East is expected to drive up airline ticket prices, with no clear beneficiaries emerging from the crisis, according to Willie Walsh, head of the International Air Transport Association. The widening conflict poses significant challenges to the aviation industry, impacting operational costs and passenger demand. Airlines face increased risks and potential disruptions, leading to higher fares for consumers. This situation underscores the interconnectedness of geopolitical stability and the global travel sector, highlighting the negative economic consequences of regional instability.