Delta Air 'Lines announced a 'wide-ranging' leadership shake-up on Thursday, naming Dan Janki Chief Operating Officer and promoting Peter Carter as President as the carrier prepares to retire longtime Operations chief John Laughter. The changes will take place on April 1. The changes will take effect on April 1. Ed Bastian, Delta CEO, said Laughter was instrumental in rebuilding the TechOps division after Delta's bankruptcy in 2005, guided the airline's integration with Northwest Airlines and steered its operations through COVID-19. Janki's new role will include responsibility for a number of major aspects of the airline’s operation, such as flight operations,...

The UAE stock exchanges fell on Thursday morning, continuing losses from the previous day after the reopening of the bourses following the two-day trading suspension triggered by Iran’s 'unprecedented barrage' of missiles and drones that targeted the Emirates. After a two-day suspension of trading, the?UAE stock markets opened on Wednesday following Iran's drone and missile attacks against the Gulf state. Investors waited to learn more about the extent of damage caused by the weekend attacks that hit airports, ports and residential neighborhoods in both emirates. Both exchanges have announced that they will temporarily lower the price limit on securities by...

The U.S. State Department announced on Wednesday that a U.S. government charter flight is bringing Americans from the Middle East to the United States, and additional flights are being planned for other locations in the region. The agency did not provide any information on the number or passengers, the countries they were departing from, nor the arrival and departure times of the flight. Since February 28, when U.S. forces and Israeli forces launched initial strikes against Iran, more than 17500 Americans have safely returned home to the United States. The State Department reported that approximately 8,500 Americans returned from the...

Sky News reported that a British flight to repatriate UK citizens after the Middle East war broke out did not take off on time from Oman as planned. The flight has now been rescheduled later Thursday. Could not confirm the report immediately. The British Foreign Office didn't immediately respond to an outside of'regular office hours? request for comment. The Foreign Office said that British nationals, their partners or spouses, and children were welcome to take the flight. Priority was given to the most vulnerable. Sky News reported that an unidentified passenger who was scheduled to fly on the flight said,...

Airline shares recovered on 'Thursday, as more flights left the Middle East. This provided some respite for carriers who had lost billions in value due to the U.S. and Israeli strikes against Iran earlier in the week. The government has been scrambling for flights out of the Middle East to accommodate tens and thousands of citizens who have been stranded due to the U.S.-Israeli conflict against Iran. This conflict has caused the closure of most of the airspace in the region because of the threat of missiles striking passenger planes. Dubai, the busiest airport in the world, handles over 1,000...

Canada's Foreign Affairs Minister said that the government was working to repatriate citizens stranded in the Middle East. This includes arranging seats on commercial flights, negotiating charter flights, and providing ground transportation to neighbouring countries. Anita Anand, Canada's Foreign Minister, said that more than 2,000 Canadians had requested the government of Canada to help them leave the region after the U.S. attacked Iran. Around half came from Canadians living in the United Arab Emirates. Another 237 inquiries were from Canadians residing in Qatar. Anand stated that she had instructed her office to?enter into contracts for charter flights to leave the...

Three more commercial flights are scheduled to leave?the United Arab Emirates Thursday, as the first group of Australians who were stranded for a few days in the Middle East have returned home. Commercial air traffic was?largely absent? across the Middle East, as major Gulf hubs, including Dubai, the busiest international airport in the world, remained closed for the fifth consecutive day. This is the largest travel disruption since COVID-19. Penny Wong, Australian Foreign Minister, said that she hoped three scheduled flights would go ahead but warned of a volatile situation after NATO's air defences destroyed a ballistic missile fired by...

Marsh McLennan, an insurance broker, said that it had met with U.S. government officials on Wednesday to "explore" solutions for restoring maritime traffic amid the escalating fighting in the Middle East. The?region?is under threat from 'attacks' which threaten energy shipments across the Strait of Hormuz. This waterway is a crucial chokepoint between Iran & Oman and transports about a fifth (or a fifth of the global trade in crude oil & liquefied gas). The shipping through the Strait has been slowed down significantly after Iranian strikes on commercial vessels. This raises concerns about a prolonged disruption of global energy supplies....

On Wednesday, the U.S. Transportation Department announced that it had approved American Airlines' request to operate flights from Miami to?Caracas and Maracaibo?in Venezuela. Envoy, its wholly-owned regional airline in Miami, will operate flights from Miami to?Caracas? and Maracaibo?in Venezuela. Sean Duffy, the U.S. Transportation secretary, rescinded a January 2019?order that prohibited U.S. Airlines from flying to Venezuela. President Donald Trump prompted him to do so. American Airlines is planning to resume services? The first flights to Venezuela in over six years. The?U.S. Transportation Security Administration was at Caracas last weekend to review airport security protocols, according to sources. This step...

Angus Blayney, Marine Division Director at Gallagher, said that marine insurers 'in the London market' continue to offer cover in the Middle East despite the rising war-risk premiums resulting from the escalating conflict around the Gulf. Blayney stated that rates have increased based on the vessel type, cargo, and route, as U.S., Israeli, and Iranian forces continue to attack Iran around-the-clock, and Tehran continues its retaliatory drone and missile strikes. The Strait of Hormuz is a crucial oil export chokepoint that links Gulf producers like Saudi Arabia, Iran and Iraq to the Gulf of Oman, the Arabian Sea and the...

Wizz Air announced 'on Wednesday that the conflict in the Middle East will 'decrease its 'net profit for fiscal 2026 by approximately 50 million euros ($58.19 millions), pushing it below the previous forecast. According to the airline, roughly one-third?of the impact stems from the cancellation of several scheduled routes within the region while the remainder reflects the weaker macroeconomic conditions caused by the Iran conflict. On January 29, the company forecast a range of FY26 results ranging from a loss of?25 million?euros up to a profit of?25 million euros. Wizz has suspended flights from and to Israel, Saudi Arabia and...

The U.S. federal aviation administration announced on Thursday that it would extend its?ban on U.S. flights landing in the?Haitian Capital Port-au-Prince until September 3 citing threats from armed groups. The FAA suspended all flights in November 2024 after three commercial jetliners from the United States were hit by gunfire. Later, it allowed flights to resume at six other airports in the northern part of Haiti but maintained its ban on Port-au-Prince. The FAA announced on Thursday that it would extend the restriction due to the security forces' inability to stop attacks on aircraft in Port-au-Prince, Haiti and the surrounding areas....