Recent Houthi missile and drone strikes on Saudi airports, including deadly October 2026 attacks on Riyadh’s King Khalid International Airport that killed over a dozen and injured hundreds, have prompted targeted flight cancellations, localized airport closures through mid-October, and expanded EASA and FAA advisories citing risks from projectiles, air defenses, and navigation interference through early December. Saudi authorities responded with NOTAMs, prior-permission rules, and operational suspensions at specific facilities rather than a broad commercial closure across the Jeddah Flight Information Region, which has stayed open for overflights. International carriers extended suspensions into November, yet trader consensus assigns low implied probabilities to a general airspace shutdown by year-end deadlines because historical patterns show Saudi air navigation services maintaining continuity amid threats. Further escalation or new diplomatic developments could shift assessments before key resolution windows.