With airspaces shut and capacity hit, European carriers are adding Asia routes to capture demand, but high fuel prices and temporary shifts have limited upside.
The region is on high alert anticipating an attack by Iran following the bombing of the Iranian embassy in Syria allegedly by Israeli warplanes on 1 April.
Among the airports affected were Dusseldorf, Nuremberg and Dortmund, but sites for Germany's biggest airports, in Frankfurt, Munich and Berlin, were operating normally.
Photos and videos from several airports across Germany showed chaos with thousands of stranded passengers waiting to be checked in. Lufthansa said Wednesday the cause was still unclear.
The falling-out, which shatters an accord in place for months, shows how attempts to reopen international routes are being frustrated by parallel efforts to halt the virus’s spread.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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