Airlines go with the announcement to open US travel for vaccinated passengers from the UK and Europe via Investing.com

War Trinamool Tripathi

Investing.com – Shares of European and US airlines advanced on Monday on the announcement that the government plans to relax rules for vaccinated passengers from the European Union and the United Kingdom.

According to a Financial Times article, the Biden administration’s new travel policy will take effect in November. The story goes that this announcement will be released today.

Shares of British Airways-owned IAG (LON 🙂 rose 11.1% in London, while EasyJet (LON 🙂 rose 3.8%. Air France KLM (PA 🙂 gained 5.3% in Paris, while Deutsche Lufthansa (DE 🙂 rose 5.5% in German trade. Ryaner (LON 🙂 (SA :), in turn, fell 0.7%.

On NYSE, American Airlines (NASDAQ 🙂 (SA :), United Airlines (NASDAQ 🙂 (SA 🙂 and Delta Airlines (NYSE 🙂 (SA 🙂 all traded up to 1.5% at 4:25 pm (Brazilian time) ). Southwest Airlines (NYSE 🙂 (SA 🙂 and JetBlue (NASDAQ 🙂 (: JBLU) are the two most focused players in the US market, up 0.3% and 0.7%, respectively.

Participants in clinical trials for vaccines not yet approved in the UK can enter the United States, and the policy benefits about 40,000 people, according to the FT.

According to the article, the Biden government is working on a travel policy that includes all international travel, which aims to change the current restrictions and restrictions that apply to different parts of the world.

Under current policy, only U.S. citizens, their immediate families, green card holders and national interest deductibles can travel to the United States if they have been in the UK or the European Union for the past 14 days.

The White House’s change of direction comes ahead of the United Nations General Assembly in New York.