Fresh travel warning for Britons hits airline stocks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Britons were warned not to book summer holidays abroad by government ministers as COVID-19 cases in parts of Europe soar, sending travel and airline stocks down by as much as 8% on Monday.

FILE PHOTO: An aircraft takes off at Heathrow Airport amid the spread of the coronavirus disease pandemic in London, Britain, February 4, 2021. REUTERS/Toby Melville

“My advice would be to anybody right now is just to hold off on booking international travel,” social care minister Helen Whately told the BBC on Monday.Europe’s airlines and travel sector are now bracing for a second lost summer, with rebound hopes increasingly challenged by Europe’s slow and chaotic COVID-19 vaccine rollout.

While half of all adults in Britain have received at least one dose of a COVID-19 vaccine, growing infection levels in France, Italy and Germany, fuelled by variants, means the UK may choose to restrict travel beyond the May 17 date. A second summer of restricted travel will place airlines and travel companies under renewed financial strain, after they’ve taken on huge debts to survive the last 12 months of lockdowns and holiday bans.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Never depend on a single Income Make $15000 weekly All by working from home Without sending money to me or anyone No captcha No limitation ASK me how +19365493101

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines