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GCC AND MIDDLE EAST FLIGHT COSTS
India's office leasing to remain resilient, to hit 85-90 million sq ft in 2026-27India's office property market is set for strong growth. Leasing activity is expected to reach 85-90 million sq ft by 2026-27. Global capab...- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
- IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentimentIndian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strai...
- Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...
- Global air travel demand to slow to 2.1% in 2026, IATA saysGlobal air travel demand is set to grow in 2026, but at a slower rate. The Middle East faces a significant contraction due to ongoing confl...
- 'Europeans sell weapons, which are used to attack India': Jaishankar raises arms exports issueIndia's External Affairs Minister S. Jaishankar defended the country's decision to buy Russian oil. He stated that cost and availability gu...
- UK economy shrinks in April as Middle East war hitsBritain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...
- Japan's Nikkei jumps on renewed hopes for Middle East peaceJapan's Nikkei share average surged over 4% on Friday, driven by renewed hopes for Middle East peace after U.S. President Trump canceled pl...
- Kuwait temporarily suspends issuance of commercial visit visas for all nationalitiesKuwait has temporarily halted the issuance of commercial visit visas for all nationalities, impacting business travel. This suspension, wit...
- IndiGo says it is monitoring Middle East situation, assures passengers on safetyIndiGo has issued a travel advisory for passengers flying to and from the Middle East, assuring them of its commitment to safety amidst evo...
- IndiGo shares in focus as ATF prices rise 10% as fuel retailers launch 3-year price stabilisation schemeIndiGo shares are in focus after state-run fuel retailers raised aviation turbine fuel prices by around 10% while introducing a three-year ...
- Emirates to offer incentives, safety assurances as Iran war hits travelEmirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and cu...
- Emirates will not cut flights despite Middle East war pressuresEmirates plans no capacity cuts despite regional conflict. The airline seeks more traffic rights for Berlin and wider expansion in Germany....
- US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
- Iraq reopens airspace after Iran ends operation against IsraelIraq reopened its airspace on Monday, the country's civil aviation body said, following Iran's announcement that it was halting its militar...
- Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
- Oman ports emerge as India's gateway to West Asia, AfricaIndia's CEPA agreement with Oman is officially in motion, turning ports such as Sohar, Salalah, and Duqm into strategic hubs for Indian com...
- Qatar Airways to increase operations to Dubai with five daily flightsQatar Airways announced to increase its capacity between Qatar and the United Arab Emirates (UAE) by gradually expanding frequencies betwee...
- India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
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