Aviation giant Lufthansa (OTC:DLAKY) temporarily ceased its flights to Tehran due to the ongoing crisis in the Middle East.
What Happened: Lufthansa has temporarily ceased its flights to Tehran, Reuters reported. This decision comes in the wake of heightened alert across the Middle East following a suspected Israeli airstrike on the Iranian embassy in Syria.
The German airline’s flight suspension began on Apr. 6 and is expected to last until at least April 11. This move reflects the company’s commitment to safety, as stated by a Lufthansa spokesperson: “The safety of our guests and crew members is Lufthansa’s top priority.”
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Amid these developments, an Iranian news agency erroneously reported the closure of Tehran’s airspace for military exercises, which was later retracted. The region remains tense since the Apr. 1 incident where Israeli warplanes ...