Air New Zealand shares are flying high as investors eye the resumption of international travel. Optimism about the resumption of international travel as vaccine programmes are rolled out around the world helped the sharemarket finish the week on a positive note. “With the vaccine roll-out becoming a reality, investors are looking forward to a brighter horizon for the travel companies,” said Greg Smith, head of research at Fat Prophets. Air New Zealand rose 4.1 per cent to $1.77, taking its gain this week to 12 per cent. Tourism Holdings Ltd/Stuff Tourism Holdings shares rose on optimism vaccinations will allow borders to open to international tourists.

Source: Stuff March 12, 2021 04:41 UTC