Bomb threats force flight diversions across Europe; no explosives found
Published November 5, 2026 · Updated November 5, 2026 · 4 sources
Hoax bomb threats disrupted at least 14 flights in Europe on Thursday; no explosives were found. Background on two airline groups and their latest data.
The exposed companies and what ATLAS says about each
There is no market close after the event yet: the reaction will be visible at the close of November 5. This page will be updated then with the actual change. In the meantime, here is the data for each company.
Low-cost airline operating flights across Europe, exposed to diversions and disruption from the threats. · Industrials
EasyJet is a low-cost airline operating flights across Europe, so disruption to European airspace is relevant to its sector; it is included for its usual business in that sector, and the event is context. Its latest available close was £6.80 on November 3, before the event. The ATLAS fair value estimate is £9.32 (range £5.52 to £15.57), and the close is 27.02% below that estimate; next earnings are on November 25 and the dividend yield is 1.94%.
Latest available close
£6.80Close of November 3
Fair value (ATLAS)
£9.32Fair range: £5.52 to £15.57The price (£6.80) is 27.0% below that figure.
Chance of a rise in 1 month
54%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between £6.63 and £7.03; 9 in 10, between £6.29 and £7.41.
Parent of British Airways and Aer Lingus; an Aer Lingus Airbus A320 appears in the story's coverage. · Industrials
The coverage in [3] mentions an Aer Lingus aircraft, and a photograph caption shows an Aer Lingus Airbus A320 at a French air base. IAG is included because Aer Lingus is an airline within its group; the sources do not state this ownership, which is background knowledge, and the event is context. Its latest available close was €5.13 on November 4, before the event. It reports earnings on November 6 before the open, with estimated EPS of 0.28, and its dividend yield is 2.01%.
Latest available close
€5.13Close of November 4
Chance of a rise in 1 month
51%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between €4.90 and €5.40; 9 in 10, between €4.49 and €5.90.
Next earnings
November 6, 2026 (before the open)Estimated EPS: 0.28 €
Bomb threats, described by the UK transport secretary as "malicious hoax threats", affected at least 14 flights in Europe on Thursday, after similar disruption on Tuesday [1]. No explosives have been found [3]. There is no close after the event yet: the market reaction will be visible at the close of November 5, and this page will be updated then.
At least 14 flights were affected on Thursday, following similar disruption on Tuesday. Some flights were escorted by military jets and diverted [1]. Heidi Alexander, the UK transport secretary, described the threats as "malicious hoax threats" [1].
Airport authorities in Rome said they received an email threat from a group calling itself "Fighters of the Male State" [1]. In Prague, Czech police said no explosives were found aboard four flights [1]. An aircraft was escorted into Rome Fiumicino Airport by Italian Air Force jets, and the Bulgarian military said its jets escorted three aircraft to Sofia [1].
NBC News reported that Aer Lingus flight EI402 from Dublin to Rome changed course near Paris and diverted to a French Air Force base, according to the airline. All 151 passengers and six crew were evacuated while the bomb squad inspected the aircraft, according to the French prime minister's office [3]. NBC News said it is not clear who or what is behind the calls [3].
Other outlets carried headlines about flights diverted in Europe over bomb threats and about disruption after false bomb threats [2][4].
What ATLAS data show
ATLAS has a fair value estimate for EasyJet only: £9.32, within a range of £5.52 to £15.57. The latest close of £6.80 on November 3 is 27.02% below that estimate. These are model estimates, not promises, and the wide range shows considerable uncertainty. The sheet has no ATLAS fair value for International Consolidated Airlines.
The market reaction will be visible at the close of November 5, and this page will be updated then. Closing prices describe past sessions and may change, and any later movement would be a coincidence in time, not proof of cause.
What you get with ATLAS
Fair value of each company, with its range, against today's price.
Chance of a rise in 1 month and the normal price range, from a calibrated model.
Earnings: next date, estimated EPS and surprise history.
Dividends and alerts by email when a company reports.
No. Czech police said none were found aboard four flights in Prague [1], and NBC News reported that no explosives had been found so far [3].
Why are EasyJet and IAG on this page?
EasyJet is a European low-cost airline, included for its usual business in the sector. IAG is included because an Aer Lingus aircraft features in the coverage [3] and Aer Lingus belongs to its group, which is background knowledge not stated in the sources.
When will the market reaction be visible?
At the close of November 5, the first session that can reflect the event. The page will be updated then.
Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 5, 2026. How we calculate fair value.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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