Shares in British Airways owner International Consolidated Airlines Group SA (LSE:IAG) fell sharply immediately following a second-quarter update from US contemporary Delta Airlines Inc.
Although Delta reported record revenues, adjusted earnings per share were down 12% year on year.
Delta shares flew 7.7% lower as a result.
This caused some turbulence for other major international carriers, with domestic rival American Airlines falling over 6% and London-listed IAG shifting 1.2% lower.
IAG was swapping for 175.8p at the time of writing.