Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Major airlines suspend flights amid Middle East violence

Published 09/10/2023, 12:04
Updated 09/10/2023, 12:04
© Shutterstock

Investing.com -- Several airlines have halted or reined in some flights to Israel following the escalation of violence between the country's forces and Palestinian group Hamas.

According to travel website FlightAware, 97 flights have been cancelled as of 06:58 ET (10:58 GMT) on Monday at Ben Gurion International Airport in Tel Aviv, considered to be Israel's main travel gateway. Meanwhile, 73 have been delayed, although Ben Gurion noted on its website that departures and landings are still "working as planned."

United Airlines (NASDAQ:UAL), easyJet (LON:EZJ), Wizz Air (LON:WIZZ) were among some of the carriers to scrap planned flights to Tel Aviv, FlightAware data showed. Airspace regulators in the U.S., European Union, and Israel have all urged airlines to use caution when flying in the country, Reuters reported.

Shares in European airlines, including Wizz Air, easyJet and British Airways-owner IAG (BME:ICAG), slipped on Monday, weighed down by a jump in oil prices. United, American Airlines (NASDAQ:AAL), and Delta Air Lines (NYSE:DAL) were also lower in premarket U.S. trading.

The Israeli-Palestinian conflict escalated to full-blown war over the weekend, as members of the Islamist group Hamas attacked several Israeli towns, killing hundreds of Israelis and abducting dozens more. In response, Israeli air strikes pounded targets in Gaza, resulting in numerous casualties.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.