KUALA LUMPUR (Bernama): The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.
Thousands of Middle Eastern flights have been cancelled, and airspace in the region has been closed after the US and Israel launched strikes on Iran on Saturday.
