European airlines jump on U.S.-Iran deal hopes, travel index hits four-month high

International Consolidated Airlines SA

12/06/2026 08:39

** Shares in European airlines rise after President Donald Trump said the U.S. and Iran could sign a peace deal as soon as this weekend that would reopen the Strait of Hormuz
** The STOXX Travel and Leisure index .SXTP rises 3.3% to their highest since February, among the best performers on the wider STOXX 600 .STOXX index
** Easyjet EZJ.L, Finnair FIA1S.HE and Deutsche Lufthansa LHAG.DE are up between 2.7% and 4.6%
** Air France AIRF.PA jump and Ryanair RYA.I jump around 5.9% 
** Intel Consolidated Airlines ICAG.L and Wizz Air WIZZ.L rise 4.5% and 6.2%, respectively

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