European governments can still salvage the summer tourist season despite COVID-19 vaccine setbacks and resurgent infections, if they take joint action on digital health passes and travel rules, airline chief executives said on Thursday.
“Travel in Europe will be possible this summer if EU governments deliver,” industry group Airlines for Europe said in a presentation hosted by the CEOs of Air France-KLM, easyJet (LON:EZJ), TUI Airlines and Volotea.
Renewed lockdowns and slow vaccine rollouts have raised the spectre of another weak European summer that would leave indebted airlines in need of more cash and further damage the travel and tourism sector, which accounted for 10% of pre-pandemic jobs and 9% of economic output.
Governments also face political pressures to loosen restrictions as the crisis drags on. German Chancellor Angela Merkel had to ditch plans for a circuit-breaker lockdown over Easter.]
Ryanair boss Michael O’Leary this week urged UK consumers to ignore official advice against booking foreign travel.
The European Parliament voted on Thursday to fast-track work on an EU digital certificate allowing travellers to show evidence of COVID-19 vaccinations, immunity or negative tests.
Airlines are pushing governments to drop blanket travel bans and quarantines and instead allow consumers meeting those criteria to travel without restriction.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.