EU airlines pare Wednesday's gains after Trump threatens more attacks on Iran

Ryanair Holdings

02/04/2026 09:26

** Shares in European airlines pare Wednesday's gains after U.S. President Donald Trump said Washington will hit Iran "extremely hard" over the next two to three weeks, squashing hopes for a de-escalation in the Middle East

** Ryanair RYA.I CEO Michael O'Leary on Wednesday warned jet fuel supply chain disruptions from June if the Middle East conflict does not end in the next month, potentially forcing airlines to consider cancelling summer season flights

** The STOXX Travel and Leisure index .SXTP falls about 1% and is among the worst performers sub-index on the pan-European STOXX 600 .STOXX index

** Ryanair and Intel Consolidated Airlines ICAG.L are down around 1.7%, while Air France AIRF.PA and Finnair FIA1S.HE fall around 3.5%

** Lufthansa LHAG.DE and Wizz Air WIZZ.L are down 3.8% and 4%, respectively

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))