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Stock impact report

Global airline stocks are plunging after Iran attacks triggered widespread travel chaos [Business Insider]

INTL CONSL AIRLNS S/ADR (ICAGY) 
NASDAQ:AMEX Investor Relations: iagshares.com
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Major aviation stocks are plunging amid travel chaos triggered by attacks on Iran. The parent company of British Airways saw its share price drop more than 5% on Monday morning. Disruption to global air travel is expected to persist in the coming days. Major aviation stocks across Europe and Asia plummeted on Monday, as strikes by the US and Israel on Iran caused travel chaos across the Middle East. In the first hours of trading in Europe on Monday, shares in the continent's biggest airline groups — IAG, Air France -KLM, and Lufthansa — all plunged as investors digested the potential for long-term disruption to the airline industry due to the conflict. At around 10:15 a.m. local time (5:15 a.m. ET), shares in the London-listed IAG, the parent group of British Airways, Iberia, and Aer Lingus, were down more than 5%. At the same time, Paris Show less Read more
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