Airlines' shares rise as EU set to let in US tourists this summer - News Summed Up

Airlines' shares rise as EU set to let in US tourists this summer


By early summer, countries of the EU and beyond aim to issue vaccine passports that would let those who have been inoculated freely cross borders. The trend has given a lift to shares in airlines, with Lufthansa rising as much as 5% on Monday and IAG which owns Aer Lingus, British Airways, and Vueling climbing almost 4.5%. Ryanair shares also gained, by 2.5%, and in the US, shares in United Airlines rose 1%. “Airlines have done a lot of the spadework on digital travel passports and testing, and there's a huge impetus on governments to get some travel going,” he said. United Airlines said it is adding new seasonal routes out of the US to Athens, Dubrovnik, and Reykjavik – places expected to be open to US tourists this summer.


Source: Irish Examiner April 26, 2021 14:47 UTC



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