Home Business NewsBusinessAviation British Airways shares rise by 10% following the lifting of the US travel ban

British Airways shares rise by 10% following the lifting of the US travel ban

by LLB political Reporter
20th Sep 21 4:28 pm

Shares in International Airlines Group (IAG) who own British Airways have risen by 10% as the US are set to lift the travel ban on fully vaccinated UK passengers from November.

Sean Doyle, the CEO and chairman of BA said the “world is reopening” for passengers.

Doyle said, “Today’s news, which will see our two nations reunited after more than 18 months apart, marks an historic moment and one which will provide a huge boost to Global Britain as it emerges from this pandemic.

“We are immensely grateful to the prime minister and his government for all the hard work that’s gone into securing this deal with the US, and which builds upon last Friday’s announcement on the lifting of many travel restrictions.

“Our customers should now feel that the world is reopening to them and they can book their trips with confidence.”

The Prime Minister Boris Johnson said the lifting of the travel ban is a “fantastic boost or business and trade, and great that family and friends on both sides of the pond can be reunited once again.”

The Transport Secretary Grant Shapps said it is “brilliant” that the US has lifted the travel ban for fully vaccinated Brits.

He tweeted, Brilliant collaboration through our UK/US working group has led to Transatlantic flights resuming from Nov for double jabbed!”

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