THE SHARES of several airlines - including
Since 30 November, Ryanair's stocks have jumped 9.56 per cent, while
Despite last week's re-introduction of mandatory PCR tests for those travelling into the country, carriers remained positive.
Speaking on Thursday at
"We were hoping that demand curve would really get going in January once we got through Christmas but then that had been sort of T-bond by the travel restrictions but we are still optimistic about next summer, we can see it in terms of pent-up demand," he said.
Wilson's words were echoed by other industry key players. After seeing encouraging signs for next summer,
Airlines' confidence did not waiver even after the
Calling the measures a "hammer blow" to "an already devastated industry," leading stakeholders slammed the restrictions.
"Public safety is a priority, but businesses will fail, travellers will be stranded and livelihoods devastated by the lack of coherent plans from the government," said
According to tour operator trade association ABTA, the latest travel restrictions could push some smaller companies over the edge, forcing them to close for good. "We can't go on like this with requirements changing but nothing to support those businesses worst affected," said ABTA's boss
(c) 2021 City A.M., source