European travel stocks slip on US' plan to block Iran's ports

Norwegian Air Shuttle ASA

13/04/2026 08:51

** European travel stocks fall as the U.S. military prepares to block all maritime traffic entering and exiting Iranian ports

** Oil prices climb above $100 a barrel

** France's ADP ADP.PA and Air France-KLM AIRF.PA shares fall 1.7% and 3.7% respectively

** Germany's Lufthansa's LHAG.DE stock falls 3.8%, with a union call for a pilots' strike further weighing on sentiment

** Flughafen Zuerich FHZN.S slips 1.5% while Fraport FRAG.DE falls 2.7%

** Travel agencies TUI TUI1n.DE, HBX HBX.MC and Amadeus AMA.MC fall about 1.3-3.4%

** Nordic airlines Norwegian Air NAS.OL and Finnair FIA1S.HE fall 4.4% and 2.9% respectively

(Reporting by Tristan Veyet)

((Tristan.veyet@thomsonreuters.com))