IAG considers acquiring LCC, not bothered about possible Virgin Atlantic sale

European airline shares traded generally lower, thanks to rising fuel prices due to the political instability in the Middle East and North Africa. Turkish Airlines was most heavily affected, slumping 7.1%. European LCC stocks also proved sensitive to the increase in oil prices: Norwegian, Vueling, easyJet, Ryanair and Dart Group - operator of Jet2 - were among the airlines that fell the most.