The Iran war is reshaping global aviation

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alternative in the Gulf, leveraging a perfect position between three continents – Europe, Africa and Asia.That dynamic changed almost overnight when the Iran war broke out, shuttering airspaces, grounding planes and leaving regional airlines in disarray. While the loss of capacity from the Middle Eastern carriers has reduced long-haul flying overall, Western airlines are moving in to fill the gap.Executives have sensed an opportunity to take advantage and regain ground, adding alternative routes to steal away business. Deutsche Lufthansa AG, British Airways and Air France-KLM quickly redeployed jets into countries including India, Thailand and Singapore last month to capture passengers looking for new flights. The gains in share are small so far, however, and building something with lasting momentum isn’t simple.Bloomberg analyzed widebody flights across 21 major airlines in the month before and after the war began, using data from tracking firm Flightradar24.(1)One issue will be whether this is a short-term blip for global air travel or prove to be a more lasting change as places once considered safe are tainted with the long shadow of war.For European carriers trying to steal a march on rivals, another challenge is surging fuel prices as the war disrupts energy markets. That means either fare hikes or absorbing those costs to lure in new customers, with little sense of how long the conflict will continue.The Middle East airlines “won’t have shelved their ambitions to be global hubs,” said Rob Walker, an aviation analyst at consultancy ICF. “The Europeans, they’ve just got to try and make hay while the sun is shining.”So far, the big increase in flight capacity has been in the US, though that reflects plans that were in motion before the Middle East disruption.The biggest carriers, such as United Airlines and Delta Air Lines have expanded long-haul widebody flying by 11% and 12%, respectively, according to tracker Flightradar24. They added flights to existing destinations in Europe, as well as new routes to cater to well-heeled American tourists.US airlines are more exposed to surges in jet fuel prices as they’re not hedged, though they enjoyed a bump in demand last month as passengers pounced to book before those costs pushed up fares.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersBTC-USD Bitcoin USD 67,097.58 -1.16 (-0.00%)ETH-USD Ethereum USD 2,051.09 -15.52 (-0.75%)XRP-USD XRP USD 1.31 -0.01 (-1.02%)SOL-USD Solana USD 80.22 +0.05 (+0.06%)BTC-EUR Bitcoin EUR 58,241.90 -1.00 (-0.00%)PortfolioSign in to access your portfolioSign inTop gainersAAOI Applied Optoelectronics, Inc. 103.91 +17.56 (+20.34%)SBAC SBA Communications Corporation 204.04 +32.48 (+18.93%)YSS York Space Systems, Inc. 28.03 +4.43 (+18.77%)VSAT Viasat, Inc. 53.69 +8.46 (+18.70%)LUNR Intuitive Machines, Inc. 23.99 +3.75 (+18.53%)Top losersKNF Knife River Corporation 73.91 -8.20 (-9.99%)WIX Wix.com Ltd. 81.95 -8.55 (-9.45%)PBH Prestige Consumer Healthcare Inc. 52.48 -5.20 (-9.02%)ENPH Enphase Energy, Inc. 34.92 -3.36 (-8.78%)RGC Regencell Bioscience Holdings Limited 30.80 -2.92 (-8.66%)Most activeNVDA NVIDIA Corporation 177.39 +1.64 (+0.93%)INTC Intel Corporation 50.38 +2.35 (+4.89%)NOK Nokia Oyj 8.82 +0.55 (+6.65%)PLUG Plug Power Inc. 2.4100 +0.1600 (+7.11%)TSLA Tesla, Inc. 360.59 -20.67 (-5.42%)Top economic eventsEarnings eventsMy earnings eventsEarnings events