Iran war pushes Middle Eastern airlines towards $4.3bn loss in 2026

Iran war pushes Middle Eastern airlines towards $4.3bn loss in 2026 As the US and Israel launched air strikes on Iran on 28 February 2026, Iran struck back near US military installations in the Gulf, including in Qatar and the UAE. Several international airports were hit by Iranian strikes, including Dubai, the world's busiest for international passengers, as well as Abu Dhabi, Kuwait and Bahrain. The UAE, Qatar, Bahrain and Kuwait closed their airspaces due to safety concerns, gradually reopening them a week later