Shares in Ryanair and Dalata, Ireland’s largest hotel group, dropped alongside global peers due to concerns about the Israel-Gaza conflict.
Shares in Ryanair were trading down 2.6pc and shares in Dalata, which owns brands including Maldron and Clayton, down 2.5pc.
Conflict in the Middle East led to an increase in the price of Brent crude and oil shipping costs, which may impact airlines’ operating costs.
Several US air carriers, including Southwest, Delta, Alaska Airlines, and JetBlue, also experienced share price declines.
