Carriers and travel agent stocks rise as EU looks to loosen summer visitor restrictions
Airlines and travel companies’ share prices rose on Tuesday after more signals from Britain and the EU that summer holidays abroad could go ahead.
Airlines EasyJet, Lufthansa and British Airways’ owner IAG all rose in value by 3%, while travel giant TUI’s shares were up 4% in early afternoon trading. The moves followed a recommendation by the European Union to loosen the rules on visitors from abroad who were either vaccinated or coming from low-risk countries.
