A new phase in regional economic connections is marked by the ASEAN-GCC-China Summit.
Global airlines have halted flights to Tel Aviv once more due to escalating tensions in the region, following a missile strike near Israel's main international airport on May 4th. The latest suspension comes after a brief resumption of flights following a ceasefire agreement between Israel and the Palestinian militant group Hamas in January.
Since early May, several international carriers have ceased operations to Tel Aviv:
- AirBaltic, the Latvian airline, has canceled flights to and from Tel Aviv until June 2nd.
- KLM, the Dutch arm of Air France-KLM, has suspended flights to and from Tel Aviv until May 30th.
- Air India has currently paused all flights to and from Tel Aviv, without specifying an end date.
- IAG, the parent company of British Airways, has suspended flights to Tel Aviv until June 14th. Its low-cost subsidiary, Iberia Express, has canceled flights to Tel Aviv until May 31st.
- ITA Airways has paused flights to and from Tel Aviv until June 15th.
- LOT has ceased flights to Tel Aviv until May 31st.
- Lufthansa Group has suspended flights to and from Tel Aviv through June 15th.
- Ryanair has canceled flights to and from Tel Aviv until June 11th.
- United Airlines has reported potential disruptions to flights between May 4th and June 2nd.
Several factors are contributing to these suspensions, including missile attacks by Yemen's Houthi rebels and Israeli military operations in the Gaza Strip. The ongoing instability in the region has prompted these carriers to review their travel schedules to ensure the safety of their passengers.
British Airways has extended its suspension of flights to and from Tel Aviv at least until June 14th due to heightened security concerns and the threat of future missile attacks from Yemen. Other European carriers, such as Lufthansa Group and Ryanair, have also extended their Israel flight cancellations through July 2025, although the scope of these suspensions is not yet clear.
Air France, however, has resumed flights to Israel. The situation remains fluid, as airlines monitor the security situation closely and adjust their schedules accordingly.
- The international finance industry is closely watching the news of extended flight suspensions by several European airlines, including British Airways and Lufthansa Group, to Israel due to heightened security concerns.
- The recent budget decisions by these airlines to suspend flights to Israel may have significant implications for the transportation industry, as international air travel is a major contributor to the economy.
- As the aviation industry faces challenges due to escalating tensions in the Middle East, international news outlets are reporting on the far-reaching effects of these suspensions on the industry and global finance.
