The U.S. is lifting COVID-19 test requirements for international travelers. One airline is set to “capture the greatest benefit” from that, according to Jefferies analyst Sheila Kahyaoglu.
The U.S. is set to lift COVID-19 test requirements for international travelers to cheers of the airline industry and other stakeholders, and two airlines stand to benefit the most, a Wall Street analyst said Friday.
“The testing requirement has been pointed to as one of the major impediments to unlocking travel demand, particularly on the corporate side, across the Atlantic,” Jefferies analyst Sheila Kahyaoglu said in a note Friday. COVID-19 testing can be expensive, and mandatory testing adds to trip costs, Citi analyst Stephen Trent said.
Business travelers long have been a profitable subgroup for airlines, as they usually snap up the more expensive premium seats and refundable economy seats.Unlike many others, the air carrier held off on retiring planes at the start of the pandemic, and also took delivery of widebody planes. American Airlines, meanwhile, has been hit by delivery delays with its Boeing Co.’s BA, -4.88% 787 widebody jets.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Diabetes may increase long COVID risk; COVID while pregnant linked to baby brain development issuesThe following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review.
Weiterlesen »
The U.S. May Soon Have Access to Novavax, a Fourth COVID-19 Vaccine OptionThe vaccine could be a game-changer for people who have been holding out for another vaccine option.
Weiterlesen »
LIVE: White House COVID-19 response briefing; millions of vaccine shots ordered for youngestYoung children are the last group of Americans who have not been recommended to get COVID-19 vaccinations.
Weiterlesen »
Coronavirus in Colorado: COVID-19 updates for June 6-June 12, 2022Hospitalizations for COVID19Colorado continue to go up, with 270 people hospitalized for the disease as of Wednesday - a 20% increase from last week. The state’s positivity rate, which plateaued over the past week, is again trending upward. Latest:
Weiterlesen »
US lifts COVID-19 test requirement for international travelThe Biden administration is lifting its requirement that international air travelers to the U.S. take a COVID-19 test within a day before boarding their flights.
Weiterlesen »