European airlines soar on the stock market after Trump's announcement and the oil crash

European airlines revalue up to 8% after Trump's message on Iran and the sharp drop in oil prices.

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The main European airlines have registered strong increases on the stock market, with revaluations that have reached over 7% at the close of trading this Friday. The boost occurred after the President of the United States, Donald Trump, claimed to have "ended" the war with Iran, in a context where crude oil was priced at 87.15 dollars.

Within the Ibex 35, IAG stood out among the most bullish stocks, with a rebound of 7.13%, placing it as the third best stock in the index, reaching a share price of 5.05 euros.

In the Spanish market, the other two tourism companies in the selective index also closed with significant gains. Aena added 3.02%, reaching 25.94 euros per share, while Amadeus progressed 2.39%, reaching 50.96 euros per share.

In the continuous market, eDreams also experienced a notable increase, close to 7%, while Meliá Hotels International registered a more moderate increase of 3.76%.

In the rest of Europe, Trump's announcement has turned the continent's major airlines green. Air France-KLM led the gains with an advance of 8.36%, followed by Lufthansa Group, which climbed 5.18%. Wizz Air also stood out with an increase of 4.96%, and Ryanair with 4.37%, while easyJet saw its market capitalization increase by 2%.

In parallel, the price of oil registered a clear decline. The Brent barrel, the benchmark in Europe, fell 3.60% at the close of the European session, to 87.15 dollars. For its part, West Texas Intermediate (WTI), the benchmark in the United States, became cheaper by 3.68%, to 84.49 "greenbacks".

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