Gulf airline stocks soar as Israel-Iran ceasefire reopens Middle East skies

About this update from Jazeera Airways Co. (ksc)

** Shares in Gulf airlines rise after U.S. President Donald Trump said a ceasefire between Israel and Iran is now in place**Bahrain, Kuwait, Qatar, Iraq, Syria, and Israel reopened their airspaces following a brief suspension** International airlines plan to resume normal schedules across the Middle East** UAE-listed Air Arabia DFM:AIRARABIA jumps 7.2%, set for its best day since mid-April, 2022** Kuwait's Jazeera Airways KSE:JAZEERA surges as much as 10%; last up 8.5%** Saudi Arabia's Flynas, which listed on June 18, jumps 7.9%

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