yeap, agree with Hjey, no demand = no revenue. Families tend to cut down on travels when shit happens. the initial hit will be "emotional" at best. investors tend to be shocked into selling.

the shares will stabilize should the conflict is "isolated". Who cares about what's happening in iraq (ppl die there everyday).

hint. Watch iskandar.

good news there is a precursor to UEM shares rise.

If war and mers breakout simultaneously, am sure it will test support level of <=2.45.
But i doubt it'll be below 2.1X unless Iran drops a couple of bombs. But that's a different story altogether... plus middle east traffic is not major contributor. AAX will be worse hit.

have to switch portfolio and buy shares that benefit from war. :)

I'm more concerned about MERS-COV flu in middle-east + the brimming conflict in Syria. Both can depress airlines shares.