DRTGF - Airline stocks fall as Europe gloom counters strong U.S. traffic trends

British airline stocks Jet2 (DRTGF) and easyJet (EJTTF) are both down about 3% in London trading after the U.K. government warns that COVID-19 cases could restrict travel this summer. Social care minister Helen Whately asked people not to book their summer vacations just yet due to the risk of new COVID-19 variants and restrictions. "Paris lockdown, Italy's national restrictions and rising concern in Germany over infection rates are being reflected in growing fears that a second summer of travel will be lost," notes Goodbody analyst Mark Wallace on the development. Ryanair ([[RYAAY]] -1.8%) and International Consolidated Airlines Group ([[ICAGY]] -6.5%) are also notably lower. In the U.S. airline sector, JetBlue ([[JBLU]] -6.8%) is down in early trading after announcing a $650M convertible senior note offering. American Airlines ([[AAL]] -4.0%), United Airlines ([[UAL]] -4.0%) and Delta Air Lines ([[DAL]] -2.3%) are also lower after the news from Europe dampened positive TSA

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Airline stocks fall as Europe gloom counters strong U.S. traffic trends