{"id":4601,"date":"2026-03-02T15:50:29","date_gmt":"2026-03-02T15:50:29","guid":{"rendered":"https:\/\/gunowner-news.com\/?p=4601"},"modified":"2026-03-02T15:50:29","modified_gmt":"2026-03-02T15:50:29","slug":"airline-stocks-tumble-as-iran-war-expands-across-middle-east","status":"publish","type":"post","link":"https:\/\/gunowner-news.com\/?p=4601","title":{"rendered":"Airline Stocks Tumble as Iran War Expands Across Middle East"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-ac37hb evys1bk0\">Airline stocks fell sharply on Monday as the escalating conflict in the Middle East forced governments and airlines to shut down airports and cancel flights, sending oil prices surging.<\/p>\n<p class=\"css-ac37hb evys1bk0\">The sell-off followed weekend strikes on Iran by the United States and Israel and retaliation by Iran on targets across the region. President Trump said he expected the attacks on Iran to continue for about \u201cfour to five weeks.\u201d<\/p>\n<p class=\"css-ac37hb evys1bk0\">Oil prices jumped more than 8 percent. Gold rose more than 2 percent as <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2026\/01\/26\/business\/gold-prices.html\" title=\"\">investors sought assets that are seen as safe havens<\/a>.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Higher oil prices will drive up the price of jet fuel, hurting airlines\u2019 profits. In addition, the conflict is likely to force travelers to cancel or put off their trips, particularly on international flights that tend to be more profitable for carriers than shorter, domestic routes.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-ac37hb evys1bk0\">The share prices of American Airlines, United Airlines and Delta Air Lines fell more than 6 percent Monday morning, while Alaska Air Group dropped about 5 percent. United and American suspended regional service, and Delta extended cancellations to Tel Aviv through March 31.<\/p>\n<p class=\"css-ac37hb evys1bk0\">Stocks also fell in Asia. Shares of Singapore Airlines dropped more than 4 percent. Japan\u2019s ANA Holdings, Japan Airlines and Hong Kong\u2019s Cathay Pacific also fell by similar amounts.<\/p>\n<p class=\"css-ac37hb evys1bk0\">In Europe, shares of Lufthansa, Air France and IAG, the parent company of British Airways, dropped 6 percent or more in premarket trading.<\/p>\n<p class=\"css-ac37hb evys1bk0\">The pressure also spread beyond airlines. TUI, Europe\u2019s largest travel company, was down 9 percent. Share prices of hotel and cruise operators also declined. At the same time, energy shares rallied.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2026\/03\/02\/business\/airline-stocks-iran-attacks.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airline stocks fell sharply on Monday as the escalating conflict in the Middle East forced governments and airlines to shut down airports and cancel flights, sending oil prices surging. The sell-off followed weekend strikes on Iran by the United States and Israel and retaliation by Iran on targets across the region. President Trump said he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":{"0":"post-4601","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-political-news"},"_links":{"self":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts\/4601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4601"}],"version-history":[{"count":0,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts\/4601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/media\/4602"}],"wp:attachment":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}