New Covid-19 Journey Restrictions Rattle Airline Trade, Hits Shares

Governments throughout Europe and Asia slapped new restrictions on flights and vacationers from a swath of southern Africa, appearing to stem the transmission of a brand new Covid-19 variant recognized within the area.

The brand new journey bans are restricted to flights coming from a handful of nations that usually embody a comparatively low share of worldwide journey. Nonetheless, world airline shares fell sharply amid fear that the brand new variant may take maintain elsewhere and result in broader journey restrictions simply as many elements of the world begin to fly once more.

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