Turkish Airlines Halts Flights To Israel Until Further Notice
Portfolio Pulse from Benzinga Newsdesk
Turkish Airlines has suspended all flights to Israel until further notice, according to Reuters. The decision comes amid escalating tensions in the region.
October 10, 2023 | 4:56 pm
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NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be impacted by Turkish Airlines' decision to halt flights to Israel, as it may affect the overall economic activity in the country.
The suspension of flights by Turkish Airlines could potentially affect the Israeli economy, and by extension, the performance of the iShares MSCI Israel ETF (EIS), which tracks the investment results of an index composed of Israeli equities.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The iShares MSCI Turkey ETF (TUR) could potentially be affected by Turkish Airlines' decision to halt flights to Israel, as it may impact the airline's revenues and overall economic activity.
The decision by Turkish Airlines, a major airline in Turkey, to suspend flights to Israel could potentially impact the airline's revenues and overall economic activity in Turkey. This could affect the performance of the iShares MSCI Turkey ETF (TUR), which tracks the investment results of an index composed of Turkish equities.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80