RE: Interesting development24 Nov 2021 14:31
British Airways owner IAG fell 1.8%, easyJet 2.5%, Ryanair 2.3%, and Wizz Air 1.2%.
"There are now concerns that surging infections and lockdowns will depress the confidence of the travelling public. Ryanair boss Michael O'Leary has warned of a fraught period, with passengers deterred by this dramatic wave of infections from making bookings. Adding to the fragility are warnings from a parliamentary committee that new swathes of red tape could tie up journeys from the UK to Europe next year due to new border management systems coming into force," said Susannah Streeter, senior investment analyst at Hargreaves Lansdown.