ISLAMABAD: The ongoing conflict in the Middle East, involving Israel and the United States war against Iran, has caused a $53 billion loss for the world’s 20 largest airlines.
According to foreign news agencies, the war has disrupted flights and airport operations in the Gulf region.
Reports indicate that the airline industry, already struggling with the aftermath of the COVID-19 pandemic, is now facing its worst crisis in years.
The conflict has also raised concerns about potential jet fuel shortages, and prices have already doubled since the start of the conflict. The increase in fuel costs is expected to lead to higher ticket prices for passengers.
