IATA: Iran conflict delays costly aircraft orders for Middle East airlines
The International Air Transport Association (IATA) warned that airline delays in the Middle East in placing aircraft orders due to the repercussions of the war with Iran and rising jet fuel prices will cost them in the long run. Despite these challenges, the IATA Vice President for Africa and the Middle East indicated that companies will continue to execute their expansion plans, even though acquiring modern aircraft, especially single-aisle Airbus planes, may take years. He also expressed concern over the damage caused to Kuwait International Airport following an Iranian attack, which could take a year to repair, with the possibility of accelerating the operation of parts of the new terminal or using temporary facilities.
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