Doubts about the stability of the US-Iran ceasefire agreement have intensified, causing European airline companies to fall.

On Thursday's opening, European airline stocks fell as the market expressed doubts about the stability of the ceasefire agreement between the United States and Iran aimed at reopening the Strait of Hormuz, a key waterway for aviation fuel. EasyJet fell by 2.8%, Wizz Air by 2.5%, and Ryanair by 1.8%. Lufthansa from Germany dropped by 3.45%, while Air France-KLM and IAG, which owns Spanish national airlines, British Airways, and others, fell by 1.6% and 1.1% respectively. German travel operator TUI also fell by 3.3%.