Media Summary: The global aviation sector is facing its most severe supply shock since 1973. As of April 23, 2026, Europe's aviation sector is facing a major disruption as Lufthansa Group announced it will Europe's aviation industry is facing an unprecedented crisis as the ongoing Iran conflict and the closure of the Strait of Hormuz ...
20 000 Flights Cancelled Jet - Detailed Analysis & Overview
The global aviation sector is facing its most severe supply shock since 1973. As of April 23, 2026, Europe's aviation sector is facing a major disruption as Lufthansa Group announced it will Europe's aviation industry is facing an unprecedented crisis as the ongoing Iran conflict and the closure of the Strait of Hormuz ... The U.S. war on Iran is now affecting the airline industry. Multiple carriers are announcing they are canceling Want more Simple Flying YouTube videos? Our Long Haul channel goes more in-depth into aviation topics: ... Tim Stewart, president of the U.S. Oil and Gas Association, discusses the Strait of Hormuz conflict between the U.S. and Iran and ...
Amrita Sen, Energy Aspects founder and director of market intelligence, joins 'Squawk Box' to discuss the Air Transat is cutting six per cent of its The company said in memo that it plans to reduce less popular