Middle East conflict drags down tourism, aviation shares: IndiGo falls almost 7%, Ixigo down 14%
Aviation and travel stocks experienced sharp sell-offs as fresh Middle East hostilities disrupted regional air traffic. Several countries shut their airspace, impacting major hubs like Dubai and Abu Dhabi. IndiGo suspended flights to the Middle East, offering customers flexibility for bookings made before February 28, 2026, for travel until March 7, 2026.
