European Airports Warn of Tough Outlook as War Disrupts Flights

Aeroports de Paris SA’s first-quarter revenue unexpectedly fell as traffic on key routes disappeared.

Photographer: Nathan Laine/Bloomberg

Operators of Europe’s largest airports are warning of an increasingly uncertain outlook as the Middle East conflict adjusts flight schedules and restricts access to key airspaces.

Aeroports de Paris SA’s first-quarter revenue unexpectedly fell as traffic on key routes disappeared and consumers spent less while waiting for their flights as a result of the war in Iran. Shares fell as much as 4.7% in Paris trading.