0731 GMT - European and U.K. airline stocks slumped in early morning trading as oil prices were up and Ryanair warned of weaker-than-expected summer pricing trends. Ryanair also fell short of providing profit guidance for the year. Higher oil costs stemming from the war in Iran and uncertainty around fuel supply are weighing on airline stocks. The price of Brent crude is up 1.6% at $110.90. Ryanair's stock fell 2.7%, TUI fell 2.2%, and Air France-KLM dropped 2.3%. (aimee.look@wsj.com)
(END) Dow Jones Newswires
May 18, 2026 03:35 ET (07:35 GMT)
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