European Airlines Lose Ground as Oil Again Surpasses $100 a Barrel -- Market Talk
Dow Jones
Apr 13
0729 GMT - European airlines shares fall in opening trade after the price of oil climbed back above $100 a barrel on President Trump's vow to blockade the Strait of Hormuz. Wizz Air and easyJet--which were subject to rating downgrades by Bernstein before the market opened--see the biggest falls at 7.2% and 4.2%, respectively. Deutsche Lufthansa is down 3.9%, Air France-KLM loses 3.2%, while Jet2 falls 2.6% and International Consolidated Airlines Group--owner of British Airways and Iberia--drops 2.5%.(cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
April 13, 2026 03:29 ET (07:29 GMT)
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