Companies Relying On International Travel See Stocks Rise Before Rules Shake Up

Travel industry shares soar before rules shake up, with British Airways owner IAG and TUI up 4%

  • Rolls Royce saw a 2.3 percent increase as a rule change would bode better for its core business of making and servicing engines for long-haul aircraft.
  • Other climbers on Friday morning included Ryanair, which rose more than 2 percent, while Wizz Air posted smaller gains
  • One airline that bucked the trend was easyJet, as the budget airline saw its shares fall another 1 percent after announcing a new fundraising round


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Companies that rely on international travel saw their shares soar this morning before travel regulations shook, including the end of costly Covid-19 testing.

British Airways owner IAG and the UK’s largest tour operator, TUI, were among the biggest climbers on the FTSE 100, with a 4% increase in early trade.

Meanwhile, Rolls Royce saw a 2.3 percent increase as a rule change would bode better for its core business of making and maintaining engines for long-haul aircraft.

Companies that rely on international travel saw their shares soar this morning before travel regulations rocked, including the end of costly tests

Companies that rely on international travel saw their shares soar this morning before travel regulations rocked, including the end of costly tests

The company is in dire need of a lift as it revealed passenger traffic will need to rise to at least 80 percent of pre-pandemic levels to meet its longer-term goals and keep cash flow in the black.

Other climbers on Friday morning included Ryanair, which rose more than 2 percent, while Wizz Air posted smaller gains.

One airline that bucked the trend was easyJet, as the budget airline saw its shares fall another 1 percent after announcing a new fundraising round.

The UK government will consider easing Britain’s Covid-19 rules for international travel later today.

According to reports, ministers will scrap the requirement for fully vaccinated travelers to undergo a lateral flow test before leaving their destination and an expensive PCR test on their return to Britain, which can add hundreds of pounds per person to a trip.

The ministers will also simplify the destination categories to low or high risk, scrapping amber, the Times newspaper reported, with many countries, including the popular destination Turkey, expected to be removed from the high-risk red list.

According to reports, ministers will scrap the requirement for fully vaccinated travelers to undergo a lateral flow test before leaving their destination and an expensive PCR test on their return to Britain, which can add hundreds of pounds per person to a trip.

According to reports, ministers will scrap the requirement for fully vaccinated travelers to undergo a lateral flow test before leaving their destination and an expensive PCR test on their return to Britain, which can add hundreds of pounds per person to a trip.

According to reports, ministers will scrap the requirement for fully vaccinated travelers to undergo a lateral flow test before leaving their destination and an expensive PCR test on their return to Britain, which can add hundreds of pounds per person to a trip.

Susannah Streeter, senior investment and market analyst Hargreaves Lansdown, described the move as a “boost of energy that the travel industry desperately needed after months of uncertainty.”

Airports, airlines and travel companies have continuously warned the government of more job losses if these changes don’t go through.

“There are hundreds of companies that will not survive this winter unless changes are made,” TUI UK director Andrew Flintham told Sky News on Friday.

Data shows that the UK recovery is lagging. Flights in the UK fell 39 percent compared to pre-pandemic levels over the two weeks to early September, while France, Spain and Italy fell 24-28 percent, according to Eurocontrol.

Britain’s red list currently includes 62 countries, a designation that requires 11 nights in a quarantine hotel for more than £2,000. Quarantine hotels are expected to remain in place for red-listed arrivals.

Any change to the travel rules will apply to England, but local authorities in Scotland, Wales and Northern Ireland may follow later.

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