how much long-term damage can this to do earnings of companies such as air france klm? stocks should certainly be hit. i think there's a larger story where these types of events do affect consumer sentiment. so that's travel for the rest of the year that might be changed. you have people less willing to take those luxury or one-off trips throughout using what a lot of what europe is known for, the budget friendly transportation. so those sectors should certainly be hit. also, we're worried about consumer discretionary sectors, which have been really pioneering and pushing forward the european recovery story and the european stock market for the past 6 to 12 months. we're really watching that sentiment indicator as a whole to see if the next few months consumer sentiment has really been hit. >> thank you very much for joining us this morning. much appreciated. >> we're going to stay on top of this story. continuing coverage for you of this morning's attacks in brussels. we'll get reaction from washington next. stay tuned. you're watching "worldwide exchange" on cnbc. ♪ i

air france, klm down.f these european stocks, hotel stocks and travel stocks are trying to a gear out how they can protect their passengers and travelers. chris litchfield is from eurasia. thank you for sticking around. when you look at what we found out today, this was in some ways expected but it is always surprising and always hurt when you talk about human loss. but this was expected because the belgian internal minister said we are concerned about retaliation, and we have always been told that europeans are on a hitless for terrorism. are we going to see more types of suicide blasts? chris: i think it is unfortunately likely. we are showing some of the markets which haven't even reacted that strongly, becoming something that we expect, and it will remain part of the territory. francine: until we find out exactly how big it is? chris: yes. we have some estimates of how big it is, but it is difficult -- to put everyone considered to be a terrorist under surveillance. it is impossible to have a full gras

some other names for you as well, including air france klm. this is the dutch-french carrier, which is currently trading down 5%. lufthansa currently down 1.8%. int intercontinental also down. in terms of the latest news out of brussels, the belgian crisis center has said no public transport, stay where you are. the belgian pm has called on the population to avoid moving from their current location. the first attack was followed by the latter attacks around an hour later. so there were still concerns there could be further attacks as well. the authorities have confirmed that the airport attack was, indeed, a suicide attack there as well. again, a lot of concerns about what happens next. we have a high terror alert for eu. this is the center, the hub of the administration for the eu in europe as well. all meetings have been canceled. the alert has been raised to an orange level as well. a very high degree of security as well. there was supposed to be an ecb hearing at the eu parliament today. that, too, has been canceled. we have teams moving i

you have a delta klm and air france scheduled to lever at 10:10. united airlines at 10 a.m. and one to jfk at 10:30 in the morning. brussels being six hours ahead of the east coast of the u.s. right now technically many of those passengers might have been checking in at the time of this blast. >> reporter: absolutely. i mean, this is not paris or london. this would be like philadelphia. it's a major european city, but just, you know, just slightly smaller than the biggest cities in the u.s. or in europe. and we have now actually gotten already just in the time that how close the airport is to the city we are already at the off-ramp to the airport. you can hear the sirens behind me but we have been stopped here. they are not letting anyone take the road off -- on towards the airport. the highway -- i'll let that car go past. the highway is almost at a standstill. a lot of traffic on this brussels ring road and a police car blocking the ramp and you can probably hear a police officer behind me shouting at cars to keep going. i'm with a group of other reporters, of course, we'r

you have a delta klm and air france scheduled to lever at 10:10. united airlines at 10 a.m. and one to jfk at 10:30 in the morning. brussels being six hours ahead of the east coast of the u.s. right now technically many of those passengers might have been checking in at the time of this blast. >> reporter: absolutely. i mean, this is not paris or london. this would be like philadelphia. it's a major european city, but just, you know, just slightly smaller than the biggest cities in the u.s. or in europe. and we have now actually gotten already just in the time that we've spoken with you that shows how close the airport is to the city we are already at the off-ramp to the airport. you can hear the sirens behind me but we have been stopped here. they are not letting anyone take the road off -- on towards the airport. the highway -- i'll let that car go past. the highway is almost at a standstill. a lot of traffic on this brussels ring road and a police car blocking the ramp and you can probably hear a police officer behind me shouting at cars to keep going. i'm with a group of

klm and air france scheduled to leave at 10:10, an brussels airlines flight to jfk at 10:30 in the morning. brussels six hours ahead of the east coast of the u.s. right now. technically, many of those passengers might have been checking in at the time of this blast. >> absolutely. i mean, this is not paris or london. this would be like a philadelphia. it's a major european city. smaller than the biggest cities in the u.s. or in europe. and we have now actually gotten already just in the time we've spoken with you, that shows you how close the airport is to the city, we are already at the off-ramp to the airport. you can hear the sirens behind me. but we have been stopped here. they are not letting anyone take the road towards the airport. the highway -- sorry, let that car go past. the highway is almost at a standstill. lots of traffic on this brussels ring road. and a police car blocking the ramp. you can probably hear a police officer behind me shouting at cars to keep going. i'm with a group of other reporters. of course, we're all trying to reach the airport. no one is being allowed th