The EU is set to tell airlines the impact from the Iran war on tourism is not severe enough to warrant emergency measures like waiving their obligations to compensate passengers for flight cancellations, draft EU guidelines seen by Reuters showed.
Reuters – European airlines have largely ridden out the crisis so far, with hedges cushioning costs even as jet fuel prices have risen nearly 84% since the U.S.-Israeli war with Iran began on February 28. Carriers have warned, however, that supply shortages could emerge within weeks.
"The current situation does not point to the need for dedicated measures for the tourism sector, unlike during the COVID-19 crisis," the draft EU guidelines for industry and passengers said. At this stage, available data indicate that overall impacts on tourism remain limited, with demand remaining broadly resilient," it added.