Gulf Carriers Face Losses as Iranian War Disrupts Travel

The article discusses the impact of the war against Iran on international air travel, particularly affecting Gulf carriers such as Emirates and Qatar Airways. The conflict, which escalated on February 28, 2026, has led to the closure of airspace in the United Arab Emirates and Qatar, causing significant disruptions in flight connections and stranding passengers.

Despite the UAE offering accommodations in Dubai, the situation remains precarious, with Gulf carriers recording substantial losses. Travel expert Ikechi Uko noted that the war has resulted in a global reset of air travel, diminishing the dominance of Gulf carriers that have led the market for 15 years.

Ethiopian Airlines and Kenya Airways have emerged as preferred options for travelers, capitalizing on the disruption. The Federal Airports Authority of Nigeria (FAAN) and other stakeholders are also feeling the economic strain, with calls for refunds from affected Nigerian travelers.

The ongoing conflict poses a major challenge to the aviation sector, comparable to the disruptions caused by COVID-19.