Airlines demand action on  from European Commission as French strike sparks share price tumble

The industry group representing most of Europe’s airlines has hit out at the European Commission, saying some sort of response is needed following yesterday’s French air traffic control strike.

The warning comes as the share prices of many of its industry group members have slumped over the past week following the Brexit vote which led to a steep decline in the value of sterling against the dollar.

Airlines have also been hit hard by uncertainties about European economic growth