Sri Lanka, March 6 -- The duration of the aviation disruption following the attacks launched by Israel and the US on Iran on 28 February and Iran's subsequent attacks on countries in the region, will be fundamental to determining the implications for affected sectors, including airlines, airports, lodging, insurance and lessors, Fitch Ratings says.
Our baseline expectation that the conflict in the Middle East will last less than a month should limit the implications for Fitch-rated issuers in sectors affected by the aviation disruption. Our base case is subject to particularly high uncertainty. A more prolonged disruption could have more significant implications for affected sectors and issuers, particularly smaller and less diversified on...