Lufthansa and Airbus shares down 4.1 per cent and 2 per cent after A320 passenger jet crashes in French Alps killing 150 people

Shares in the plane manufacturer and operator dropped on news of the crash

The A320 is Airbus’ best-selling single-aisle aircraft and is used for both shorthaul and intercontinental routes

Shares in Lufthansa and Airbus were down 4.17 per cent and 2 per cent respectively on Tuesday as details of a plane crash emerged. See live updates here.

Lufthansa shares were down 4.17 per cent

The Airbus A320 was operated by Germanwings, which is owned by the German airline Lufthansa. The plane was travelling between Barcelona and Dusseldorf when it crashed in Southern France.

Shares in Airbus, which manufactures the aircraft, were down 2 per cent