Market Chatter: Chinese Airlines Add 2,350 Europe Flights Amid Iran War

MT Newswires Live04-10 16:27

This summer will see Chinese airlines adding 2,350 flights to Western Europe, seizing the advantage as disruptions stemming from the Iran war force rivals onto longer, costlier routes, Nikkei Asia reported Friday.

While European carriers detour south due to closed Russian and Ukrainian airspace, Chinese airlines still fly direct over Russia, according to the report.

The detours cost between $8,000 and $20,000 extra per hour in fuel alone, Nikkei Asia wrote.

Air China (SHA:601111, HKG:0753) leads the charge with 969 added flights over the March-to-October season, followed by China Eastern (SHA:600115, HKG:0670) and China Southern (SHA:600029, HKG:1055) with 697 and 410, respectively, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0187","symbol_name":"一线龙头","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2626160764","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2626160764","pubTimestamp":1775809640,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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