IATA Warns Delays May Hit Middle Eastern Airlines

IATA has reported that delaying aircraft orders due to uncertainty and rising fuel prices resulting from the war in Iran could lead to long-term losses for airlines in the Middle East, which are among the biggest buyers of Boeing and Airbus aircraft. The regional Vice President emphasized that such delays would be costly because of the long delivery wait times, which could extend for years, disrupting the current plans of airlines. He also pointed out that rising costs are prompting airlines to cut routes and increase fares, with ongoing challenges intensified by the attacks on airports in the region.

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