Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Battered UK travel industry calls for testing, more support

Wed, 14th Oct 2020 10:30

LONDON, Oct 14 (Reuters) - Britain's travel industry called
on the government for an airport testing regime and more
tailored support as it published figures showing how the
pandemic has sapped demand for the overseas trips that are its
lifeblood.

ABTA, the UK industry body representing 4,300 travel brands,
said that between February and July 2020, which included the
country's three-month lockdown period, only 15% of 2,000 Britons
surveyed took a foreign holiday compared to 64% the previous
year.

That has hit airlines and travel companies hard, with tens
of thousands of job losses already made in the sector, and more
expected when the government's furlough scheme comes to an end
later this month.

According to the data, 93% of consumers said they were
worried over last minute changes to Britain's quarantine rules,
with ABTA blaming the government's approach for exacerbating
people's reticence to travel.

"It is vital that the Global Travel Taskforce launched this
month to consider a testing regime, and other measures to
support recovery of the travel industry, acts decisively and
urgently to help increase consumer confidence and get the
industry moving again," ABTA said in a statement on Wednesday.

Britain set up the taskforce earlier in October to look at
ways of reducing the 14-day quarantine period, which has killed
demand and left travel firms, airlines and airports struggling
financially.

(Reporting by Sarah Young; editing by Kate Holton)

Related Shares

More News
21 Jun 2024 09:28

LONDON BROKER RATINGS: Barclays cuts Ryanair and Wizz Air

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

18 Jun 2024 15:10

EU drafts plan to exempt long-haul flights from new emissions rules

BRUSSELS, June 18 (Reuters) - The European Commission has drafted plans to exempt long-haul flights from rules on monitoring their non-CO2 emissions...

11 Jun 2024 15:20

Lufthansa unlikely to offer more concessions in ITA bid, sources say

BRUSSELS/FRANKFURT/ROME, June 11 (Reuters) - Lufthansa is unlikely to offer more remedies to EU antitrust regulators scrutinising its bid for a stak...

31 May 2024 11:46

Ryanair, Easyjet and others fined for cabin luggage fees

MADRID, May 31 (Reuters) - Spanish authorities have slapped fines on budget airlines Ryanair, easyJet , Vueling and Volotea totalling 150 million e...

31 May 2024 08:55

Ryanair, others fined 150 mln euros in Spain for cabin luggage fees, SER radio reports

MADRID, May 31 (Reuters) - Budget airlines Ryanair , easyJet, Vueling and privately owned Volotea have been fined 150 million euros ($162.30 million...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.