Middle East Crisis: Aviation, Tour Operator Shares Plummet

• Shares of airline companies and tour operators tumbled on Monday morning amid escalating tensions in the Middle East.
• InterGlobe Aviation tanked 7.50%, SpiceJet declined 7.27%.
• Yatra Online tumbled 11.14%, Easy Trip Planners slumped 9.39%, TBO TEK dived 8.19%, and Thomas Cook dropped 5.40%.
• The conflict has led to multiple airspace closures in the Middle East, disrupting flight operations.
• Indian Association of Tour Operators (IATO) reported a rise in booking cancellations and rescheduling requests, especially for India-Europe routes via Gulf hubs.