European airline stocks are plummeting due to the escalating Israel-Iran conflict and the recent Air India crash. Wizz Air, suspending flights to and from Tel Aviv and rerouting others, saw a 4.8% share drop. Other airlines like Norse Atlantic, IAG (British Airways' parent), and Finnair also experienced significant losses, compounding Thursday's sector-wide decline following the fatal Air India accident.
Prepared by Christopher Adams and reviewed by editorial team.
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