14-May-2026
Corporate News
 
Analysis-As Iran War Jolts Air India, Lufthansa and Cathay Pounce on Fast-Growing Market
14-May-2026

Air India's thousands of flight cuts due to the Iran war and Pakistan's airspace ban have become a boon for foreign carriers, with Lufthansa Group and Cathay Pacific among those adding services to one of the world's fastest-growing aviation markets. With their Middle Eastern routes curtailed and some passengers wary of connecting in the conflict-hit Gulf, India has become more attractive for international airlines looking to capitalise on strong demand for flights from South Asia to Europe and North America that has led to higher airfares. Foreign airlines' share of India-origin international scheduled flights rose to 58.4% in March-May, from 51.2% a year earlier, OAG data shows.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-13/analysis-as-iran-war-jolts-air-india-lufthansa-and-cathay-pounce-on-fast-growing-market