Latest news with #AmerAbdul-Jabbar
Iraqi News
6 hours ago
- Business
- Iraqi News
Airspace closure causes Iraq to lose $250,000 daily
Baghdad ( – Iraq's parliamentary transport committee revealed on Tuesday that the closure of its airspace caused by the Israeli-Iranian war costs the country more than $250,000 every day. Committee member Amer Abdul-Jabbar told Shafaq News that over 500 aircraft crossed Iraqi airspace daily before the outbreak of the war between Iran and Israel. Iraq earned $450 for each aircraft that crossed its airspace, which suggests that the monthly profits were around $6.7 million, as stated by Abdul-Jabbar. The Iraqi lawmaker indicated that the country has lost additional earnings, such as those generated from arriving and departing planes, cargo, and other airline services. On May 13, Baghdad suspended all civilian and military flights until further notice, citing concerns of an escalation and significant security threats to Iraqi airspace. Tensions between Israel and Iran have risen significantly since June 13, when Israel launched a surprise attack on Iranian territory. Tehran reacted that night with a barrage of missile assaults on Israeli military targets and infrastructure. The exchange of strikes has resulted in scores of fatalities and extensive material damage on both sides, causing widespread international and regional worry, as well as concerns that the situation might escalate into a larger conflict that jeopardizes the region's security and stability.
Shafaq News
10 hours ago
- Business
- Shafaq News
$250K-a-day loss: Iraq tallies cost of Iran-Israel war
Shafaq News/ Iraq is losing over $250,000 per day due to the airspace closure amid the ongoing conflict between Israel and Iran, an Iraqi MP revealed on Tuesday. The member of the Parliamentary Transport Committee, Amer Abdul-Jabbar, told Shafaq News that 'more than 500 aircraft used to pass through Iraqi airspace daily before the outbreak of the war, with Iraq collecting $450 per plane, meaning monthly revenues amounted to several million dollars.' He added that Iraq has also lost other aviation-related revenues, including those from incoming and outgoing flights, ticket sales, services, and airline operations. Abdul-Jabbar urged the Ministry of Transport to document all losses in official records to be submitted in a protest memorandum by the Ministry of Foreign Affairs to the UN, demanding compensation for damages.
