

I think it’s that they realize peak oil is over. The middle east is a geopolitica strategic position for energy, as the world is now finding out via Iran closing the SoH.
Israel realised that that is on the wane. Along with the next generations attitytowards their relationshipnwith Israel. Israel is going hard in now as they have a larger support from the USA. I fully expect that to naturally wind down due to internal US political change and global moves away from carbon fuel.
Sure, oil shocks would still bite, but nowhere near to the same level. It’s why the other oil production states are desperately trying to pivot to other industries. Iran has screwed that by making them unsafe. America doesn’t realize that by not protecting their allies there, in the same way they protect Israel, that they will lose them.




It’s not the flights per se, but the worrying future it suggests.