0854 GMT - The European airlines sector is looking increasingly optimistic as lower jet fuel prices ease pressure on profitability and reduce the risk of capacity cuts or financial distress, Bernstein analysts Alex Irving and Antoine Madre say in a research note. The analysts expect strong travel demand and resilient ticket pricing, particularly on long-haul and premium routes, to support earnings, even as lower fuel costs lessen the need for fare increases. International Consolidated Airlines Group and Ryanair are viewed as the sector's strongest near-term performers, while easyJet and Wizz Air are seen as facing greater competitive and pricing pressures, they add. IAG and Ryanair shares trade 0.1% and 1.4% higher, respectively. EasyJet and Wizz Air shares trade broadly flat and 0.7% lower, respectively. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
July 07, 2026 04:55 ET (08:55 GMT)
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