HAIFA - Amid fresh clashes between Hamas and Israel, multiple international carriers have suspended flight services with Tel Aviv until conditions improve.
Among the carriers, United Airlines (UAL.O), Delta Air Lines (DAL.N) and American Airlines (AAL.O) said they had suspended direct flights to the city.
In a statement, United announced it had operated two scheduled flights to the United States from Israel late on Saturday and early on Sunday but had suspended services "until conditions allow them to resume".
Air France (AIRF.PA) and Finland's Finnair (FIA1S.HE) also stated the same in the wake of the confrontation that has left 7oo dead; the fresh clash erupted on Saturday which is seen as the deadliest incursion since the Yom Kippur war 50 years ago.
As far as air travel is concerned, U.S. airlines generally run direct services from major cities such as New York, Chicago, Washington, DC and Miami though the confrontation has put a halt to such service.
As per an official announcement, Delta representatives said flights "have been canceled into this week" while the situation is being examined for rescheduling.
Moreover, Britain's easyjet (EZJ.L) stated that it had halted flights with Tel Aviv on Sunday and Monday, and would adjust the timings of flights soon.
Besides, Hainan Airlines (600221.SS) which is the only Chinese airline to fly between China and Israel, also cancelled flights between Tel Aviv and Shanghai on Monday, using the pretext of clashes though said that it would continue flights linking Beijing and Shenzhen with Tel Aviv.
Cathay Pacific (0293.HK) had also cancelled its flight between Hong Kong and Tel Aviv on Tuesday.
Moreover, Korean Air (003490.KS) said it cancelled its Monday flight between the port city of Incheon and Tel Aviv, warning further flights to be irregular.
The flight disruption is also affecting carriers in Asia as Air India confirmed that the flight from Delhi to Tel Aviv on 7 October and the return flight AI140 from Tel Aviv to Delhi were cancelled.
Moreover, Portugal’s TAP cancelled flights to and from Tel Aviv slated for Sunday and Monday while Spain’s Iberia Express also cancelled both its flights between Madrid and Tel Aviv on Saturday.
Besides, Virgin Atlantic also said some of its flights to and from the Israeli capital may face delays or cancellations while an Etihad Airways flight between Abu Dhabi and Tel Aviv on Monday was also cancelled.
Earlier, German airline Lufthansa announced to cut flights to Israel following the fresh conflict which has drawn international attention.
“Given the current security situation in Tel Aviv,” Lufthansa will maintain a single flight to Frankfurt but “all other Lufthansa flights to and from Tel Aviv have been canceled for this Saturday,” the carrier said.
Media reports say that Austrian Airlines, Swiss Air and Turkish Airlines are also among the carriers to cancel flights to and from Israel. Additionally, Wizz Air has so far diverted four flights that were en route to Israel when the confrontation started.
Airbus jets from Catania, Cluj, Debrecen and Warsaw all diverted to Larnaca, the airport on the island of Cyprus; a United Airlines flight to Tel Aviv was also diverted back to San Francisco as the tension escalated.
The severity of the conflict can be assessed from the fact that a Wizz Air flight from Rome to Tel Aviv turned around and flew back to its starting point; the same happened with an Anadulojet service from Istanbul.
Pakistani rupee continued its momentum against the US dollar, and orther currencies in the open market on Thursday, as the local currency also improved in the inter-bank market.
On Thursday, the US dollar moved down and was being quoted at 283.2 for buying and 286.15 for selling.
Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.41||36.76|
|New Zealand Dollar||NZD||174.54||176.54|
Gold price in Pakistan remained under pressure as the yellow metal moved down despite an upward trend in the international market.
On Thursday, the price of a single tola of 24-karat gold stands at Rs217,100 and 10 grams of 24k gold costs Rs186,130.
Single tola of 22 Karat Gold costs Rs199,000, 21 karat rate for per tola is Rs189,960 and 18k gold rate is Rs162,825.00 for each tola.
In the global market, gold prices hover at around $2026, gaining $8.30 on Thursday.
Today Gold Price in Pakistan (4 September 2023)
|Lahore||PKR 217,100||PKR 2,565|
|Karachi||PKR 217,100||PKR 2,565|
|Islamabad||PKR 217,100||PKR 2,565|
|Peshawar||PKR 217,100||PKR 2,565|
|Quetta||PKR 217,100||PKR 2,565|
|Sialkot||PKR 217,100||PKR 2,565|
|Attock||PKR 217,100||PKR 2,565|
|Gujranwala||PKR 217,100||PKR 2,565|
|Jehlum||PKR 217,100||PKR 2,565|
|Multan||PKR 217,100||PKR 2,565|
|Bahawalpur||PKR 217,100||PKR 2,565|
|Gujrat||PKR 217,100||PKR 2,565|
|Nawabshah||PKR 217,100||PKR 2,565|
|Chakwal||PKR 217,100||PKR 2,565|
|Hyderabad||PKR 217,100||PKR 2,565|
|Nowshehra||PKR 217,100||PKR 2,565|
|Sargodha||PKR 217,100||PKR 2,565|
|Faisalabad||PKR 217,100||PKR 2,565|
|Mirpur||PKR 217,100||PKR 2,565|