MARKET

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

Travel bosses are pleading for ministers to exempt best destinations this sort of as Majorca and Ibiza from a new Spanish quarantine as it wreaked havoc across the industry on the 1st day of the summertime holidays.

Some £1.4bn was wiped off the value of listed airlines and holiday break corporations after passengers landing in the Uk from Spain were instructed they must self-isolate for two weeks due to a surge of infections.

Business leaders are furious at the conclusion, which was imposed around the weekend with no warning, and are now braced for a new hit to finances that have now been ravaged by the disaster.

Shares in IAG, the FTSE one hundred team that owns British Airways, plunged practically 8pc.  EasyJet  also fell practically 8pc, Jet2 owner Dart dropped 8.5pc and Ryanair fell additional than 3.8pc, with fears increasing that the quarantine could be prolonged across France and

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