European airlines jump on falling crude prices, Middle East de-escalation hopes

ReutersApr 1, 2026 8:53 AM

European airline stocks rise as hopes of a de-escalation in the Middle East conflict grow and crude prices slide

U.S. President Donald Trump's comments that the conflict in the Middle East could come to an imminent end, even without a deal

The comments help the broader market sentiment and send oil prices down around 3%

Shares in Lufthansa LHAG.DE, Wizz Air WIZZ.L and Finnair FIA1S.HE rise by around 6%

Air France KLM AIRF.PA is up 8%, while Ryanair RYA.I, IAG ICAG.L and Norwegian Air NAS.OL climb around 4.3% to 5.5%

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