Press "Enter" to skip to content

Posts tagged as “MARKET”

Travel bosses plead for ‘regional air bridges’ to halt stock market rout

Journey bosses are pleading for ministers to exempt prime destinations this kind of as Majorca and Ibiza from a new Spanish quarantine as it wreaked havoc across the business on the to start with working day of the summer time holidays.

Some £1.4bn was wiped off the worth of listed airlines and holiday companies immediately after travellers landing in the Uk from Spain were informed they should self-isolate for two weeks because of to a surge of infections.

Marketplace leaders are furious at the conclusion, which was imposed in excess of the weekend with no warning, and are now braced for a clean strike to finances that have already been ravaged by the disaster.

Shares in IAG, the FTSE 100 team that owns British Airways, plunged just about 8pc.  EasyJet  also fell just about 8pc, Jet2 operator Dart dropped 8.5pc and Ryanair fell a lot more than three.8pc, with fears

Read More