European airlines extend gains after Iran and U.S. agree to halt war

International Consolidated Airlines SA

Mon 08:24

** European airlines extend their gains for a second day after rising as much as 3.3% on Friday last week, as the U.S. and Iran reached an agreement to end the war and reopen the Strait of Hormuz, both countries' officials said
** The STOXX Travel and Leisure index .SXTP rises 3% on Monday, among the best performers on the wider STOXX 600 .STOXX index
** Among single stocks, Easyjet EZJ.L and Intel Consolidated Airlines ICAG.L are up 2.2% and 3.7%, respectively 
** Air France AIRF.PA, Deutsche Lufthansa LHAG.DE and Finnair FIA1S.HE rise between 4.5% and 5.2%
** Ryanair RYA.I and Intel Consolidated Airlines ICAG.L jump 4.5% and 7.6%, respectively


 (Reporting by Ozan Ergenay)
 ((ozan.ergenay@thomsonreuters.com))