At a time when European air carriers have resorted to extra steps to avoid Ukraine, airline stocks have fallen - after rising tensions over the weekend over a buildup of Russian troops on the border. Bloomberg writes this.
"Shares of Hungary's Wizz Air Holdings Plc fell 11 percent, the biggest drop since November, dragging European airline stocks lower. (...) Deutsche Lufthansa AG fell 6.1% and Air France-KLM shares fell 7.6%," the publication wrote.
The volatility in oil prices, caused by the crisis, is also a threat to the profits of airlines, the publication points out.
At the same time, some other flights to Kiev continued to operate normally.
On Monday, Wizz said it was monitoring the situation. The low-cost carrier said in January that it was ready to relocate four planes based in Ukraine if necessary.
An Air France spokesman said Tuesday's flight to Kiev would operate as usual, noting that the rotation is during the day without the need for an overnight crew.