{"id":123430,"date":"2021-11-26T13:48:42","date_gmt":"2021-11-26T13:48:42","guid":{"rendered":"https:\/\/fin2me.com\/?p=123430"},"modified":"2021-11-26T13:48:42","modified_gmt":"2021-11-26T13:48:42","slug":"boeing-airline-stocks-tumble-as-new-covid-variant-spurs-travel-curbs","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/boeing-airline-stocks-tumble-as-new-covid-variant-spurs-travel-curbs\/","title":{"rendered":"Boeing, airline stocks tumble as new Covid variant spurs travel curbs"},"content":{"rendered":"<ul>\n<li>The U.K. said it would suspend flights from South Africa and surrounding countries because of the new variant.<\/li>\n<li>The European Commission recommended a pause on travel between the EU and southern Africa.<\/li>\n<li>The new restrictions highlight how new variants of Covid-19 can quickly disrupt travel, just as many airlines and aircraft manufacturers like Boeing were upbeat about a rebound in demand.<\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>BA<\/span><button class=\"AddToWatchlistButton-watchlistButton\"><span><\/span><\/button><\/li>\n<li><span>DAL<\/span><button class=\"AddToWatchlistButton-watchlistButton\"><span><\/span><\/button><\/li>\n<li><span>UAL<\/span><button class=\"AddToWatchlistButton-watchlistButton\"><span><\/span><\/button><\/li>\n<li><span>HLT<\/span><button class=\"AddToWatchlistButton-watchlistButton\"><span><\/span><\/button><\/li>\n<\/ul>\n<p>Boeing and other travel stocks slid in premarket trading Friday after several European and Asian countries announced new travel restrictions from southern Africa because of a new Covid variant.<\/p>\n<p>The U.K. on Thursday said it would temporarily suspend flights from South Africa, Namibia, Lesotho, Eswatini, Zimbabwe and Botswana. The European Commission recommended a pause on travel between the EU and southern Africa.<\/p>\n<p>The new restrictions highlight how new variants of Covid-19 can quickly disrupt travel, just as many airlines and aircraft manufacturers like Boeing were upbeat about a rebound in demand.<\/p>\n<p>Boeing shares were down more than 6% in premarket trading, while Delta Air Lines was down 7% and United Airlines fell 8%. Hotel giant Hilton was down nearly 5% ahead of the market open.<\/p>\n<p>The State Department and White House didn&#x27;t immediately comment on potential travel restrictions to the U.S.<\/p>\n<p>On Nov. 8, the Biden administration lifted a broad pandemic travel ban on most non-citizens visiting from more than 30 countries, including the U.K., the EU, South Africa and Brazil.<\/p>\n<p><em>This story is developing. Please check back for updates.<\/em> <\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/11\/26\/boeing-airline-stocks-tumble-as-new-covid-variant-spurs-travel-curbs.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.K. said it would suspend flights from South Africa and surrounding countries because of the new variant. The European Commission recommended a pause on [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":123429,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boeing, airline stocks tumble as new Covid variant spurs travel curbs - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/boeing-airline-stocks-tumble-as-new-covid-variant-spurs-travel-curbs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boeing, airline stocks tumble as new Covid variant spurs travel curbs - Fin2me\" \/>\n<meta property=\"og:description\" content=\"The U.K. said it would suspend flights from South Africa and surrounding countries because of the new variant. 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