European airlines were sent reeling Thursday, after President Donald Trump abruptly announced unprecedented restrictions from Friday on travel to the U.S. from continental Europe.
The sweeping measures roiled Europe’s airline stocks during afternoon deals, with the travel and leisure sector falling nearly 10%.
Norwegian Air Shuttle, which has rapidly increased its transatlantic service to the U.S. in recent years, led the losses, tumbling more than 20% on the news.
