AUS
NZ
UK
CA
USA
IND
.jpg)
_06_19_2026_12_34_15_139937.jpg)
Source: ImYanis, Shutterstock
Summary
- PM Boris Johnson has said that the government is trying to implement stringent travel restrictions from France to prevent new mutations of the virus from arriving in the UK.
- France has reported over 2,000 fresh cases of covid variants.
- Johnson said his cabinet is planning to strike a balance between public health needs and trade disruptions.
Prime Minister Boris Johnson on Wednesday said that the government is mulling implementing more stringent travel restrictions from France to prevent new mutations of the virus from arriving in the UK despite obstructions in cross-channel trade.
The news comes amid the spread of new variants of the virus from South Africa and Brazil. France has reported 2,000 to 3,000 cases of the new variants.
Johnson said that the government was planning to put France on the ‘travel red list’ over the concerns about the vaccine efficacy against the mutated versions. He added that there is a need to strike a balance between tougher measures to manage public health and disruption in trade.
We will take a look at some other high performing FTSE travel stocks:
- International Consolidated Airlines Group (LON: IAG)
FTSE 100 listed The International Consolidated Airlines Group, which is the parent company of British Airways, had reported its revenues in FY2020 fell to £7.806 billion from £25.506 billion in the year 2020 as the travel sector was heavily impacted by the pandemic.
The company reported a loss before tax, from continued and discontinued operations, of £7.81 billion in FY 2020 compared to a profit before tax of £2.275 billion in FY 2019.
(Source: EODHD/Others, Thomson Reuters)
The group’s year-to-date returns were at 18.65 per cent, and its market cap was at £9.68 billion as on 25 March. The group’s shares stood at GBX 190.05, down by 2.44 per cent, while the FTSE 100 index, which it is a part of, was at 6,703.46, down by 0.14 per cent on 25 March at 09:34 AM GMT+1.
Also Read: International Consolidated Airlines Group (LON:IAG) to acquire Air Europa
- Easyjet PLC (LON: EZJ)
UK-based airline Easyjet PLC is an FTSE 250 listed company. Company CEO Johan Lundgren said the European Commission’s proposal of introducing a digital covid-19 health certificate would be helpful for international travel.
However, Lundgren added that the vaccine proof should not be mandatory, and the measures should be implemented temporarily.
(Source: EODHD/Others, Thomson Reuters)
The company’s year-to-date returns were at 11.78 per cent and its market cap stood at £4.309 billion. The company’s shares were trading at GBX 927.80, down by 1.67 per cent today as of 09:55 AM GMT+1.
At the same time, the broader index FTSE 250 stood at 21,334.96, down by 0.32 per cent.
Also Watch: EasyJet see huge surge in summer holiday bookings. | UK |
- Wizz Air Holdings PLC (LON:WIZZ)
UK-based budget airline Wizz Air Holdings is another FTSE 250 constituent travel stock. It reported an FY 2020 revenue of £2.761 billion, down from £2.319 billion in FY 2019. The drop was attributed to covid-related restrictions.
The airline announced a new flight schedule on 25 March, connecting Poland’s city Krakow to Split in Croatia as part of a summer service route.
(Source: EODHD/Others, Thomson Reuters)
The company’s year-to-date returns were at 4.16 per cent, and its market cap stood at £4.139 billion. The company’s shares stood at GBX 4780.00, down by 1.12 per cent today as of 09:33 AM GMT+1.
