Airline shares tumble as hotel quarantine spells travel chaos until Easter February 9, 2021 Shares in the UK’s largest airlines tumbled more than three per cent this afternoon as the health secretary’s announcement of new hotel quarantine measures spelt prolonged chaos for the travel industry. Easyjet shares fell more than 4.5 per cent to 788p, while Tui shed 4 per cent and British Airways owner IAG dropped 3.3 per [...]
Covid-19: Hotel quarantine policy for UK arrivals will begin on 15 February February 4, 2021 The long-delayed hotel quarantine policy for all UK arrivals from 33 'red list' countries is set to begin on 15 February
Airline, hotel and travel shares slump on summer holiday warnings and UK quarantine rumours January 22, 2021 Shares in airline, hotel and travel companies have sunk today, after UK Government ministers poured cold water on summer holidays being back to normal this year.
Over 16,000 customers seeking compensation for British Airways data breach January 13, 2021 More than 16,000 people are seeking compensation from British Airways (BA) over a data breach in 2018, lawyers for the victims said today. In September 2018, the UK’s flag carrier revealed that the personal details of 420,000 customers – including names, debit and credit card numbers, addresses and email addresses – had been stolen. Now [...]
British Airways to stop flights to Sydney and Abu Dhabi amid Covid downturn December 17, 2020 British Airways is axing its direct flights to more than a dozen destinations, including Sydney and Abu Dhabi, as it trims its schedules due to the coronavirus pandemic. The UK flag carrier will cut non-stop flights to 13 destinations from the summer, with others to be suspended for six months. From the beginning of March, [...]
Winners and losers: Stocks soaring AND plummeting as Pfizer reports Covid-19 vaccine breakthrough November 9, 2020 US pharma giant Pfizer reporting today that early studies of its Covid-19 vaccine are 90 per cent effective has sent markets into a frenzy, with travel and hospitality stocks shooting up while food delivery services and video conferencing software providers plummeted. Jet engine maker Rolls-Royce saw the biggest change on the FTSE 100, surging 43 [...]
Airline stocks soar on Pfizer Covid-19 vaccine breakthrough November 9, 2020 Airline stocks soared this morning after US pharmaceuticals giant Pfizer reported that early studies suggested its Covid-19 vaccine is 90 per cent effective. Pfizer and its German partner BioNTech are the first firms to show successful data from a large-scale clinical trial of a coronavirus vaccine. The companies said they have so far found no [...]
Germany and Sweden removed from UK’s quarantine-free travel corridor list November 5, 2020 Germany and Sweden removed from UK's quarantine-free travel corridor list
What’s in store for the airline industry this winter? October 30, 2020 Although every industry has suffered due to the coronavirus pandemic, few have been as hard hit as the world’s airlines. At the beginning of the year, the idea of a world without global air travel was for most people a relic of a long-forgotten past, but seven months of extreme turbulence have flipped that notion [...]
British Airways owner IAG calls for airport testing as losses widen October 30, 2020 British Airways owner International Airlines Group (IAG) fell to a €5.56bn loss in the first nine months of the year as it warned passenger demand could take three-years to recover to pre-pandemic levels. The company this morning announced it had plunged to a loss after tax and exceptional items of more than €5bn this year [...]