The Association of Asia Pacific Airlines is urging governments in the region to help airlines address disruptions and higher costs caused by the Iran war.
Predictions that supply chain issues and new-engine reliability problems would sustain demand for midlife and older aircraft may be derailed by the Iran war.
Disruption to flights to and from the Gulf persists, with Iranian missiles and drones continuing to evade defenses and hit several of the region’s airports.
High oil prices are also a huge concern to an air cargo industry that was dealing with tariff turmoil before the Israeli and U.S. attacks on Iran in February.
The U.S. has upped its pace of striking Iranian navy ships and ports amid concerns about sea mining and other threats to shipping in the Strait of Hormuz.
By Robert Wall, Brian Everstine, Tony Osborne, Steve Trimble
The IDF stepped up attacks on Iranian military infrastructure after it and the U.S. said they were shifting focus to degrading long-term military capabilities.
