British airways owner IAG topped the blue-chip risers on Thursday, with its share price boosted by news that the government was considering allowing double-vaccinated travellers to travel to amber-list countries without quarantining.
The company’s shares rose 1.86pc on the day to 200.30p, on the prospect new rules could resurrect tourism between Britain and more than 150 countries and territories including the critical US market.
“Today’s news offers a glimmer of hope that we could see a major uptick in demand for flights as the 30m people with both doses could take the advantage of a less stringent travel policy,” says Joshua Mahony, Senior Market Analyst at IG.
“Undoubtedly the quarantine rule made it almost impossible for many to fly given that it would force many to lose an addition 5-10 days of work if they are unable to work remotely. However, the airline sector could look attractive once again should the government take steps to help save the summer for many.”
But after a choppy month of uncertainty, IAG’s share price remains lower than the 209.40p it reached in…
