IATA: Gulf carriers hold 14% of global seats
IATA has reported that Gulf airlines account for 14% of global capacity and are facing significant challenges due to the Iran war, which has halted traffic through Middle Eastern hubs. It is expected that their position will be restored once stability returns. The union also warned that rising jet fuel prices caused by the conflict could force some airlines into bankruptcy, as pressures increase from delayed aircraft deliveries and higher operating costs.
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