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TUI AG (LON:TUI), easyJet PLC (LON:EZJ) and Jet2 PLC (LON:JET2) got a lift on Friday after the UK added the Canary Islands, Mykonos, the Maldives and Denmark to the list of travel corridors.
It means that passengers returning from those destinations don’t have to quarantine for two weeks on arrival, since they pose a lower risk of COVID-19 infection.
READ: TUI mulls equity raise but well below €1bn
The change is effective from Sunday at 4am, according to an official statement by the Department for Transport published late on Thursday.
Conversely, travellers from Liechtenstein will have to quarantine for two weeks.
The news comes just on time for the half-term holidays for school pupils in England, Scotland and Wales, which last for two weeks and start around late October based on the region.
TUI’s managing director for UK and Ireland, Andrew Flintham, told the Guardian this is “a positive step forward” after 89 days of pause to flights to the Canary Islands.
Travel agents TUI and Jet2 jumped 3% and 6% to 315.4p and 921p respectively, while low-cost carrier easyJet added 1% to 538.4p.
Meanwhile, Carnival PLC (LON:CCL) advanced 3% to 1,012.5p after reports that the No Sail Order imposed by the US Centres for Disease Control and Prevention may not be extended further when it expires on October 31.
Workers in the cruise industry have conducted protests in Florida and Texas to ask the authorities to let operations run again as of November to protect jobs.
The industry supports over 150,000 roles in Florida, contributing with US$7.7bn of wages, according to the Cruise Lines International Association.
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