It has been estimated that the recent protests against several European countries in the Muslim world will last a long time. Besides the violence, the boycotts of e.g. Danish products all over Middle East are spreading fast. Then another relevant issue is that people in the respective Western countries seem to support their own newspapers and governments, and might in a way boycott products and services coming from the Middle East. Many Scandinavian governments have already issued a warning against travel to countries like Egypt, UAE, Jordan, Israel, Saudi-Arabia etc.
When both business and personal interests suffer, will the airlines serving these countries suffer too, and how much? Who would be the biggest losers?