US war on Iran: 'Absolute disaster' for Middle Eastern airlines

Nadia Massih is pleased to welcome Dr. Wouter Dewulf, professor at the University of Antwerp AMS where he serves as Academic Director for the Master of Maritime/Air Transport Management. According to Dr. Dewulf, the current crisis facing global airlines must be understood as a convergence of geopolitical upheaval and unstable markets. The sharp rise in oil prices, driven by war, has immediately had a dramatic effect on the airline industry. All the while, airspace instability and shifting travel patterns have produced an asymmetric impact across regions.