Travel bosses plead for ‘regional air bridges’ to halt stock market rout

Truman Slate

Travel bosses are pleading for ministers to exempt best places these as Majorca and Ibiza from a new Spanish quarantine as it wreaked havoc throughout the sector on the 1st working day of the summertime holidays.

Some £1.4bn was wiped off the price of listed airlines and holiday firms following travellers landing in the United kingdom from Spain have been explained to they ought to self-isolate for two months owing to a surge of infections.

Sector leaders are furious at the final decision, which was imposed in excess of the weekend with no warning, and are now braced for a fresh new strike to finances that have previously been ravaged by the disaster.

Shares in IAG, the FTSE a hundred team that owns British Airways, plunged virtually 8pc.  EasyJet  also fell virtually 8pc, Jet2 proprietor Dart dropped eight.5pc and Ryanair fell far more than 3.8pc, with fears growing that the

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