The hole in the sky: How Middle East airspace closures are reshaping global aviation

Kraig Pakulski 0 23 Article rating: No rating

By Francesca Street, CNN

(CNN) — Open the airplane-tracking website Flightradar24 right now and the change is unmistakable. Where one of the world’s busiest aviation crossroads should be — a dense web of aircraft linking Europe, Asia and Africa — there is instead a yawning gap. A hole in the sky.

As conflict escalates in Iran with knock-on effects across the Middle East, vast swaths of regional airspace have closed or emptied. And because this region sits at the center of modern long-haul travel, the disruption is rippling far beyond it.

For decades, Europe-to-Asia traffic has flowed straight through the Middle East. The region is home to some of aviation’s most powerful megahubs — Dubai International Airport, Hamad International Airport and Zayed International Airport — and to carriers such as Emirates, Qatar Airways and Etihad Airways, whose business models are built on connecting East and West.

When that airspace closes, the consequences are immediate and global. Flights must reroute, often adding time, burning more fuel and creating knock-on complications for crews and aircraft — and higher costs.

Aircraft are displaced and crews stranded. As uncertainty mounts, there are implications for aircraft insurance, ticket prices and operational sustainability.

A collapsed bridge

Tony Stanton, consultant director of Strategic Air in Australia, describes Middle Eastern airspace as “a high-capacity bridge” between Europe and Asia.

“When that bridge collapses, or the bridge closes, the traffic doesn’t largely disappear,” Stanton tells CNN Travel. “It tends to funnel either north or south into those two main corridors, and then what we see is those two corridors become very congested because they’re narrow corridors.”

The result: longer delays, more disruptions, greater uncertainty.

There’s no room for improvisation. “Airlines can’t just fly anywhere they like,” Stanton says.

“They need permission to overfly each country’s air space, and they can only route through airspace that’s open and managed by air traffic control,” he says. “They need to, obviously, get those permissions to overfly countries that they weren’t overflying before.”

Airlines do prepare for geopolitical volatility. Sophisticated risk-monitoring systems scan global flashpoints, allowing operations teams to model contingencies before closures actually happen.

New flight plans are calculated, fuel loads adjusted and crews repositioned — all through what Stanton says is a “well-oiled process.”

But even this system can strain under prolonged disruption.

The current “hole in the sky” evokes earlier aviation shocks, including the months of paralysis during the Covid-19 pandemic, the days of transatlantic shutdown during the 2010 Icelandic volcano eruption, and the still ongoing rerouting caused by the Russia-Ukraine war.

Japan Airlines Flight JL43 from Tokyo to London is a case in point. Before Russia’s 2022 invasion of Ukraine, it flew west over Russian territory. For the past three years, it has operated eastward over the Pacific, Alaska and Canada — adding up to 2.4 hours and burning about 5,600 extra gallons of fuel per flight, an increase of roughly 20%.

Those kinds of detours come at a cost.

Long-haul aircraft already carry contingency fuel in case of last-minute route changes, but extended operating time can require ad

CNN poll: 59% of Americans disapprove of Iran strikes and most think a long-term conflict is likely

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By Jennifer Agiesta, Ariel Edwards-Levy, CNN

(CNN) — Nearly 6 in 10 Americans disapprove of the US decision to take military action in Iran, as most say a long-term military conflict between the two nations is likely, according to a new CNN poll conducted by SSRS.

The poll, fielded shortly after US and Israeli attacks launched the war with Iran, finds majorities express doubts about President Donald Trump’s handling of the situation. Most say they lack trust in Trump to make the right decisions about US use of force in Iran, with 60% saying they do not think he has a clear plan for handling the situation and 62% saying he should get congressional approval for any further military action.

Just over a quarter (27%) feel that the US made enough of an effort at diplomacy with Iran before using military force, with 39% saying the US did not try hard enough at diplomacy first and 33% unsure.

The poll was conducted Saturday and Sunday, after news reports that Ayatollah Ali Khamenei, Iran’s supreme leader, had died in the attacks and largely before reports emerged of the deaths of four US troops.

Overall, 59% of Americans disapprove of the initial decision to strike Iran, with 41% approving. Strong disapproval (31%) roughly doubles strong approval (16%). A marginally higher share (44%) say they favor the US trying to overthrow the Iranian government, with 56% opposed to that.

Just 12%, though, would favor sending US ground troops into Iran, while 60% would oppose it and 28% are unsure.

A majority, 56%, say they see long-term military conflict between the US and Iran as at least somewhat likely, including 24% who see that as a very likely outcome. Asked by CNN on Monday how long the war might last, Trump said, “I don’t want to see it go on too long. I always thought it would be four weeks. And we’re a little ahead of schedule.”

A separate CNN poll conducted in January found the vast majority of Americans viewed Iran as unfriendly or an enemy of the US (89% felt that way). In CNN’s polling dating to 2000, Iran has consistently been viewed as unfriendly or an enemy by more than 7 in 10 Americans.

But the new poll suggests few see this military action as likely to reduce the risk the US faces from Iran. Most, 54%, say Iran will become more of a threat to the US as a result of this military action, with just 28% saying the strikes will make Iran less of a threat. Even among those who approve of the military action overall, roughly 40% are unconvinced it will lessen the threat from Iran.

The poll’s findings closely track views last summer in a CNN poll conducted after the US launched airstrikes in Iran aimed at reducing the country’s nuclear capabilities. Shifts in overall opinion since then are small, but generally all tilt away from supporting military action against Iran.

Republicans back latest Iran strikes, with a MAGA vs. non-MAGA split

Republicans are far more likely than independents or Democrats to approve of the weekend’s military action (77% of Republicans approve, compared with 32% of independents and 18% of Democrats) and to see it as likely to reduce the threat the US faces from Iran (58% of Republicans feel that way vs. 21% of independents and 9% of Democrats). An 83% majority of Republicans also say Trump has a clear plan for handling the situation, while broad majorities of independents (70%) and Democrats (88%) doubt he does.

Repub

Las acciones caen y el petróleo se dispara mientras se intensifica la guerra con Irán

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Por John Towfighi, CNN

Los precios del petróleo subieron con fuerza, las acciones globales cayeron y el oro avanzó el lunes mientras las preocupaciones por una posible ampliación de la guerra con Irán comenzaron a repercutir en los mercados financieros.

Los inversionistas se preparan para volatilidad en los mercados energéticos globales a medida que se desarrollan los acontecimientos en Medio Oriente. Aunque los mercados registraron movimientos bruscos, la volatilidad hasta ahora ha estado en gran medida dentro de lo esperado, y Wall Street sigue atento a posibles nuevas alteraciones en los precios del petróleo y del gas.

La escalada de tensiones entre Estados Unidos e Irán impulsó la demanda de activos considerados refugio: inversionistas compraron oro y dólares estadounidenses como lugares donde resguardar su dinero en medio de la turbulencia. Este es un resumen de cómo están reaccionando los mercados ante la creciente inestabilidad:

Los precios mundiales del petróleo se negociaban el lunes en su nivel más alto en más de ocho meses. El Brent, referencia internacional, subió un 8 % hasta los US$ 78,65 por barril. Ese es su nivel más alto desde los ataques de Estados Unidos contra instalaciones nucleares iraníes en junio.

Mientras tanto, el West Texas Intermediate (WTI), referencia del petróleo en Estados Unidos, subió un 6,8 % hasta los US$ 71,58 por barril, también su nivel más alto desde junio. Los precios del petróleo llegaron a subir hasta un 13 % el domingo por la noche antes de que se recortaran parte de esas ganancias, mientras los inversionistas mantienen la esperanza de que las alteraciones a largo plazo en los mercados sean limitadas.

Las acciones cayeron en todo el mundo. El Dow Jones bajaba 290 puntos, o 0,59 %, una hora después de la apertura de los mercados en Estados Unidos el lunes. El índice más amplio S&P 500 caía un 0,5 %, y el Nasdaq, con fuerte peso tecnológico, retrocedía un 0,3 %. El índice europeo Stoxx 600 bajó un 1,6 %, mientras que el Nikkei 225 de Japón cayó un 1,35 %.

En Wall Street, muchos apuestan por un conflicto turbulento pero relativamente corto. Históricamente, las acciones suelen restar importancia a las tensiones geopolíticas o recuperarse poco después de que estas se calman. Hasta qué punto suban los precios del petróleo será clave para determinar el impacto en los mercados bursátiles.

Mientras los inversionistas lidian con el resurgimiento de la inestabilidad geopolítica, Wall Street también enfrenta debilidad persistente en las acciones tecnológicas y vinculadas a la inteligencia artificial, además de algunas preocupaciones sobre la salud del crédito privado, las elevadas valoraciones bursátiles y una posible complacencia en los mercados.

El índice VIX, conocido como el indicador del miedo de Wall Street, subía un 10 % tras haber llegado a aumentar hasta un 25 % más temprano.

Los precios del diésel se dispararon el lunes, superando las ganancias del petróleo y alcanzando su nivel más alto en dos años. Los futuros del gasóleo en Europa subieron un 19 %, mientras que los futuros del diésel en Estados Unidos avanzaron un 14 %.

Los futuros del gas natural se dispararon un 41 % en Europa mientras la región se prepara para las consecuencias de la volatilidad en los mercados energéticos a medida que los conflictos se intensifican en Medio Oriente. QatarEnergy, la empresa energética estatal de Qatar, detuvo el lunes la producción de gas natural licuado (GNL) después de un ataque iraní contra su instalación en Ras Laffan. Los futuros del gas natural en Estados Unidos subieron un 4 %.

Los precios del oro subieron un 2,1 % y se negociaban en su nivel más alto en un mes. El metal volvió brevemente a superar los US$ 5.400 por onza troy y se encaminaba a su mayor aumento en un solo dí

HBO Max and Paramount+ will combine after WBD merger

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HBO Max and Paramount+ are set to become a single streaming service following the merger of Warner Bros. Discovery and Paramount.

By Liam Reilly, CNN

(CNN) — It’s not TV. It’s HBO — and also Paramount+.

During Paramount’s first investor call since emerging victorious in the bidding war for Warner Bros. Discovery, CEO David Ellison shared that following the merger, Paramount+ and HBO Max will join to form a single streaming platform.

“We will combine the streaming portfolios of the two companies into one stronger platform over the coming years,” Ellison said on the Monday morning call. “Across the two platforms, there are over 200 million DTC subscribers today in more than 100 countries and territories worldwide.”

The combination would mark one of the most significant integrations yet in the streaming wars.

That 200-million figure would almost certainly shrink under a combined service, given subscriber overlap between the platforms. Paramount ended Q4 with 78.9 million direct-to-consumer subscribers, while Warner Bros. Discovery (WBD) reported 131.6 million.

For context, when WBD and Netflix were still in merger talks, Netflix co-CEO Ted Sarandos told lawmakers that 80% of HBO Max subscribers also have Netflix accounts. Netflix recently reported surpassing 325 million subscribers.

A combined HBO Max-Paramount+ streaming service would unite the two companies’ marquee franchises — from HBO’s “Game of Thrones” and “The Sopranos” to Paramount’s “Yellowstone” and “Star Trek” franchises.

Ellison did not suggest a name for the new combined streamer, but it will almost certainly result in another rebrand for WBD’s streamer, which just this past summer rebranded back to HBO Max after spending two years as simply Max, following earlier iterations as HBO Now and the original HBO Max.

As part of the merger, Paramount will also acquire CNN, which is currently owned by WBD. During Monday’s call, Ellison told analysts that Paramount has “no divestitures planned at this time” regarding cable — meaning the company does not plan to sell cable assets.

Whether that means Ellison will keep CNN’s new streaming platform, All Access, or fold it into the combined streamer remains to be seen.

The-CNN-Wire
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