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

Norwegian Air Shuttle ASA

01/04/2026 09:53

** 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%

(Reporting by Javi West Larrañaga)

((javier.west@thomsonreuters.com; +34 918 35 61 12))