LONDON/CHICAGO (Reuters) -European airline shares have soared in the last six months despite geopolitical and economic uncertainty, while those of U.S. airlines have sold off amid a pullback in travel spending. The stock market has been turbulent since the start of this year as U.S. President Donald Trump’s trade war has shaken consumer and business confidence. Since travel spending is a discretionary item for many consumers and businesses, prospects of weak economic growth in the U.S. and high inflation have hit shares of companies including Delta, United and American Airlines.Read More
Europe’s airline shares outpace US peers amid tariff turbulence
