Iran conflict impacts global aviation
International data have shown that the war on Iran has led to a decline in the global aviation sector. European airports recorded their first annual drop in passenger numbers since the beginning of the recovery from the COVID-19 pandemic, with demand for airlines in the Middle East decreasing by over 46% due to conflicts and soaring fuel prices. The escalation of geopolitical tensions has had negative effects on travel and air transportation, with rising fuel costs and route changes. Expectations indicate that profits will decrease and austerity measures may be implemented in the sector in the coming period.
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