Gulf-Europe flights limit Asian aviation gains
Asian airlines, such as Singapore Airlines, Cathay Pacific, and Korean Air, are facing a decline in the advantages they gained during the period of high demand following the outbreak of the Iran war. Gulf airlines have resumed operating flights at lower prices. Data has shown a decrease in the number of passengers traveling from Asia to Europe, with air traffic dropping to about 90% of pre-war levels by mid-June. This natural decline in demand coincides with Gulf carriers resuming their flights, raising concerns about losing a significant portion of the market share they had previously captured.
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