#airline-industry-crisis

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fromwww.theguardian.com
6 days ago

Wizz Air issues profits warning due to Middle East crisis; China tells refiners to halt diesel and gasoline exports' business live

Wizz Air warned investors last night that it believes the current crisis in the Middle East will wipe 50m off its profits this financial years. Wizz had previously predicted that earnings would fall within a profit of 25m to a loss of 25m, so today's warning means it expects a loss for the year.
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fromwww.theguardian.com
1 week ago

Hundreds more flights cancelled as world faces worst travel chaos since Covid pandemic

Hundreds of flights were cancelled globally due to US-Israel military action against Iran, stranding hundreds of thousands of passengers and causing the worst aviation disruption since COVID-19.
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