Middle East Turmoil Impacts Airlines
By Robert Wall, Alon Ben-David, Jens Flottau
London, Tel Aviv, Frankfurt
The political turmoil engulfing parts of the Middle East is expected to have longer-term effects on the aerospace industry beyond the disruption in flight activity and run-up in oil prices witnessed in recent days.
For airlines, the prospect looms that in the medium term, bookings may be depressed as travelers avoid the political hotspots that have seen Egypt’s President Hosni Mubarak ...