European Airline, Travel Stocks Rise on U.S-Iran Cease-Fire Agreement -- Market Talk

Dow Jones04-08

0732 GMT - European airline and travel stocks rise in early trade after President Trump agreed to a two-week cease-fire with Iran, sending oil prices below $100 a barrel. Wizz Air, Air France and TUI are leading the charge--up 15%, 14% and 12% respectively. British Airways owner IAG is up 9.2%, while Lufthansa, easyJet and Ryanair rise 12%, 11% and 9.9% respectively. Travel company Jet2 shares are up 7.7%. In early European trading, the front-month Brent contract for June delivery slid 15% to $92.90 a barrel, while West Texas Intermediate futures for May fell 18% to $94.63 a barrel. (ian.walker@wsj.com)

(END) Dow Jones Newswires

April 08, 2026 03:32 ET (07:32 GMT)

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