
Shares of U.S. airlines fall in early trading after Britain's Heathrow Airport was shut, sparking global travel turmoil
Heathrow Airport closes after huge fire knocked out power, stranding passengers around the world and forcing flight cancellations and diversions
Delta Air Lines DAL.N falls 2.5%, United Airlines UAL.O down 2.4%, American Airlines AAL.O loses 2.1%
Southwest Airlines LUV.N and Jetblue Airways JBLU.O fall 1% and 2.9%, respectively
Frontier Group Holdings ULCC.O loses 2.5%; separately, Citigroup resumes coverage of stock with a "neutral" rating
Europe-listed airline shares also fall
"The disruption caused by the Heathrow closure for the entire day on Friday is huge, but it will be temporary, and we expect airline stocks to stabilize after an initial knee jerk sell off" - Kathleen Brooks, research director at XTB
Year-to-date through Thursday's close, NYSE Arca Airline .XAL index has lost 12.7% on worries about slowing travel demand due to economic uncertainty