Delta Joins Air France-KLM, Lufthansa, British, Cathay Pacific, Singapore and Sixteen More Publicly Listed Major Airlines in Losing Almost $53 Billion in Market Value Since the Escalation of the Middle East Crisis Adding Greater Instability to Air Travel, Especially Long-Haul Routes
· debomita dutta
AI Briefing
- Delta, Air France-KLM, Lufthansa, British, Cathay Pacific, Singapore Airlines, and 16 other major airlines have lost almost $53 billion in market value since the escalation of the Middle East crisis.
- The uncertainty and instability in the region is affecting long-haul routes and causing investors to pull out of the airline industry.
- The crisis has also disrupted global air travel and impacted the aviation sector as a whole.
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