Brent crude down to $77. IAG +1.6%, JET2 +1.8%, WIZZ +3.5% and8 Dec 2022 09:52
EZJ DOWN 0.6%.
The massive drop in the price of Brent crude, down from around $86 to $77 ($9 drop, or about 10%) due primarily to the price cap will benefit airlines, and other Plc's that use a lot of oil based fuel and of course inflation. Obvious.
All IMHO.