Lahore: The ongoing Iran-Israel-US conflict has inflicted an estimated $53 billion loss on the global airline industry, as disruptions in the Gulf region continue to impact flight operations and travel demand.

According to international media reports, the conflict has forced airlines to reroute or cancel flights due to safety concerns and restricted airspace, particularly around key Gulf transit routes. The situation has created uncertainty for passengers and logistics networks worldwide.

The financial impact comes at a time when airlines were still recovering from losses incurred during the COVID-19 pandemic, raising concerns about renewed pressure on the sector.

Flight disruptions and rising fuel costs

Air travel operations across the region have been significantly affected, with major airports facing operational challenges. Airlines have had to adjust routes, increasing travel times and operational expenses.

At the same time, jet fuel prices have reportedly surged, with some estimates suggesting they have doubled since the escalation began. The rise in fuel costs is expected to further strain airline finances and may lead to higher ticket prices for passengers.

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Industry observers warn that continued instability could deepen losses and prolong disruptions in global aviation, particularly if tensions remain unresolved in the coming months.