Europe open: Travel stocks jump as restrictions on sector ease
26th May 2020 11:26
(Sharecast News) - Stocks in Europe are extending gains from the previous session as travel stocks rally amid news of easing travel restrictions across the Continent.
Read moreGermany wants to lift tourist travel warning - report
26th May 2020 08:40
(Sharecast News) - The German government intends to lift a travel warning for tourist visits to 31 European countries from mid-June if the Covid-19 situation allows, according to reports.
Read moreSunday newspaper round-up: Hong Kong, Air bridges, Vaccine
24th May 2020 13:16
(Sharecast News) - Hong Kong democracy activists yesterday made frantic plans to cover their tracks amid fears of a brutal crackdown by the world's most powerful surveillance state. Many deleted politically sensitive online postings, wiped social media accounts and turned to proxy servers that mask their identities after China announced sweeping national security laws for the territory. - Sunday Times
Read moreEU Commission lays out guidelines for reopening borders
13th May 2020 12:49
(Sharecast News) - Brussels is calling for European Union member states to gradually lift restrictions on the freedom of movement, including measures - such as quarantines - for the ailing airline industry.
Read moreMajority of Covid-19 cases with slight symptoms generate immune response, study shows
12th May 2020 11:09
(Sharecast News) - The majority of people infected with the novel coronavirus generate an effective immune response for the "following months", US researchers believe.
Read moreSpanish economy minister calls for common EU response to airline crisis
11th May 2020 12:53
(Sharecast News) - Spain's economy minister called for a common European Union effort to prop up the struggling airline sector with the aim of maintaining a 'level playing field'.
Read moreWalsh says quarantine would make IAG review flight plans
11th May 2020 12:12
(Sharecast News) - The boss of British Airways' parent said he would reconsider plans to restart flying in July if the UK government went ahead with proposed quarantine measures for passengers arriving in Britain from other countries.
Read moreCredit Suisse sees IAG emerging from Covid-19 crisis stronger than rivals
11th May 2020 11:38
(Sharecast News) - Analysts at Credit Suisse slashed their target price for shares of IAG from 463.0p to 370.0p but kept their recommendation at 'outperform'.
Read moreHeathrow calls on government to lay out roadmap for restarting flights
11th May 2020 11:15
(Sharecast News) - Heathrow called for the government to lay out a plan for airports to restart operations and allow more flights following a drastic fall in passenger numbers due to coronavirus lockdown.
Read moreEasyJet, IAG may need to raise funds due to quarantine plans, Citi says
11th May 2020 09:48
(Sharecast News) - Budget airline easyJet could be forced to raise at least ?700m to ?1bn of capital via an equity issuance as a result of government plans to impose a 14-day quarantine on travellers arriving in the UK from June.
Read moreSunday newspaper round-up: Furloughed staff, Economy, Coronavirus crisis
10th May 2020 22:49
(Sharecast News) - Furloughed staff only able to return to work on a part-time basis could have their wages "topped up" by the government, as part of a gradual redaction of the job retention scheme. Under plans being considered in the Treasury, firms would be encouraged to bring furloughed staff back to work gradually to maintain social distancing and to ease the burden on businesses as they begin to rebuild their operations. - Sunday Times
Read moreHeathrow to start Covid-19 detection trials
6th May 2020 13:59
(Sharecast News) - Heathrow airport is set to kick off trials for technology aimed to screen passengers and workers at airports to detect Covid-19 and prevent its further transmission.
Read moreVirgin Atlantic to cut 3,150 jobs amid pandemic
5th May 2020 14:25
(Sharecast News) - Virgin Atlantic will cut more than 3,000 jobs across the business, the airline said on Tuesday, and end its Gatwick operations as the coronavirus dents air travel.
Read moreSome Italian patients report improvement after receiving blood plasma
4th May 2020 18:10
(Sharecast News) - A report surfaced on Monday pointing to clinical benefits from what some observers touted as potentially one of the most promising treatments for the Covid-19 coronavirus.
Read moreUS accuses China of covering up severity of Covid-19 outbreak
4th May 2020 09:07
(Sharecast News) - America's Department of Homeland Security accused China of downplaying the severity of the Covid-19 outbreak in the Asian giant even as it ramped up imports of medical supplies and tried to mask its purchases.
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