I'm actually more concerned about trans con travel than those outside the U.S. I currently fly SFO to PHL each week and am slated for a SFO to BOS route in the near future. I admit to feeling more wary now that war appears inevitable. Probably not a terribly rational fear as I figure terrorist acts will be targeted at land concerns and not airplanes.
My husband and I have award tickets to MAD scheduled for late April and have no plans on cancelling them (we're flying AC which makes us feel a tad more secure). We figure that as long as we get there, if air travel becomes hairy there are worst places to be stuck than a villa in the Andalucian mountains.