From Quartz.

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Airline stocks fell Monday as oil surged past $100, highlighting operational and market risks tied to the U.S.-Israeli war against Iran. Losses hit Air New Zealand (−9.2%), Korean Air (−8.5%), and Air France-KLM (−3.15%), with U.S. airline stocks weaker pre-market amid oil above $100 and the Strait of Hormuz closure. Middle East airspace has been restricted since Feb. 28, forcing reroutes, cancellations, delays, extra fuel, and limited services; UAE and Qatar carriers resumed on reduced schedules. Deutsche Bank warned disruptions could prompt groundings or closures of weaker carriers, and jet-fuel prices have doubled this year. United CEO Scott Kirby expects higher ticket costs soon but steady domestic demand. #airlinestocks #fuelprices #iranconflict #oilmarket #traveldisruptions

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