AERZY - Airline stocks gain on report U.S. will allow vaccinated travelers to enter U.S. and U.K.
International Consolidated Airlines Group (OTCPK:ICAGY +8.8%) is the biggest gainer in the Stoxx Europe 600 Index on reports that vaccinated passengers will be permitted to travel to the U.S. from European Union nations and the U.K. in November. President Biden is expected to announce the change in travel permissions. Shares of some the U.S. carriers moved higher from their earlier levels hit when the Financial Times first reported the development. U.S./European carriers: Delta Air Lines (DAL -0.5%), United Airlines (UAL -0.5%), American Airlines Group (AAL +1.5%), JetBlue (JBLU -1.2%), easyJet (OTCPK:EJTTF), Ryanair (RYAAY -0.0%), Deutsche Lufthansa (OTCQX:DLAKF +5.8%), Air France-KLM (OTCPK:AFRAF +6.0%), SAS Group, Jet2 (OTCPK:DRTGF), Virgin Atlantic, Wizz Air (OTCPK:WZZAF), Finnair (OTCPK:FNNNF -7.1%), Norwegian Air (OTCPK:NWARF -6.4%), Air Berlin (OTCPK:AIBEF). Sector watch: U.S. airline bookings and traffic trends were reported earlier today to have slowed slightly as corporate demand lags the recovery in leisure travel.
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Airline stocks gain on report U.S. will allow vaccinated travelers to enter U.S. and U.K.