is the w business i m. the us federal aviation administration has issued an emergency order prohibiting u.s. operators from flying in parts of iranian airspace the regulator put the ban in place and response to heightened tensions after iran shot down a high altitude american surveillance drone that prevents u.s. civil aircraft from fly over the strait of hormuz and gulf of oman united airlines said that following a safety review it had suspended flights between new jersey s newark airport and the indian financial capital of by the root causes directly over the gulf of oman. our markets correspondent joins us now now daniel it s not just u.s. operators that have been avoiding parts of iranian airspace since that announcement was made we ve heard from some others. yeah exactly we re getting reactions also from other carriers as well malaysian airlines the australian airline quanta as
extended to gas problem it would mean that the project in its current form at least could not proceed. four hundred forty five million dollars that s the price tag for a single. us the super jumbo was supposed to revolution revolution allies long haul flights but now it s turning into a terribly expensive shelf the australian airline quantas just for withdrew its order for eight of the jets and that puts a four billion dollar hole in their buses bank account is the time to scrap the a three eighty. it s the largest passenger plane in the world the a three eighty used the pride and joy of the european aircraft group airbus but as orders for the a three eighty kept plummeting the group was forced to reduce annual production from thirty to just eight aircraft this year and those eight have yet to be delivered. quantas dropping the planes represents a four billion u.s. dollars loss for the european aircraft manufacturer and it s raised doubts about
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