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Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

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In response to the recent Hamas militant assault on Israel, numerous global airlines have reportedly suspended their flights to Tel Aviv, citing security concerns, and will await safer conditions before restarting their services.

Several Airlines Hit Pause On Tel Aviv Amid Rising Tensions: Report

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In response to the recent Hamas militant assault on Israel, numerous global airlines have reportedly suspended their flights to Tel Aviv, citing security concerns, and will await safer conditions before restarting their services.

The act by Hamas on Saturday resulted in the tragic loss of 700 Israeli lives and the capture of several individuals, marking the most devastating attack since the Yom Kippur war five decades prior, leading Israel to launch a counteroffensive against the Gaza region in Palestine, reported Reuters.

Major American carriers, including&nbsp;United Airlines Holdings, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>),&nbsp;Delta Air Lines, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), and&nbsp;American Airlines Group, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), reportedly announced the suspension of their direct flights.

European airlines such as&nbsp;Air France-KLM&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/AFLYY#OTC">AFLYY</a>)&nbsp;&nbsp;and Finland&#39;s&nbsp;Finnair Oyj&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNNNF#OTC">FNNNF</a>) have also reportedly temporarily halted their services to Tel Aviv.

Typically, these U.S.-based airlines operate direct routes from prominent cities, including New York, Chicago, Washington, DC, and Miami.

The report noted that United clarified its stance by mentioning that while it did operate two flights from Israel to the U.S. late on Saturday and early Sunday, the current situation prompted a pause in services.

The report further added that Delta has also affirmed the cancellation of its flights &quot;into this week&quot; and will adjust schedules based on the evolving conditions.

EasyJet Plc&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/ESYJY#OTC">ESYJY</a>) of Britain reportedly joined in by announcing the suspension of its flights on Sunday and Monday, hinting at potential changes in flight schedules for the days to come.

The report added that Hainan Airlines, the sole Chinese airline offering flights between Israel and China, called off its Tel Aviv-Shanghai flights for Monday due to the security landscape in Israel.

Cathay Pacific Airways Ltd&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/CPCAF#OTC">CPCAF</a>) has also canceled its Hong Kong-Tel Aviv route for Tuesday, with updates expected for the next flight on Thursday. Meanwhile,&nbsp;Korean Air Lines Co Ltd&nbsp;axed its Monday service from Incheon to Tel Aviv, projecting unpredictable scheduling for subsequent flights, the report added.

Price Action: UAL shares are trading down by 2% in premarket at $40.98 on the last check Monday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Benzinga's Top Ratings Upgrades, Downgrades For July 19, 2021

HSBC downgrades Finnair (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FNNNF#OTC">FNNNF</a>) from Buy to Hold.

HSBC Downgrades Finnair to Hold

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