Stock Market News

United Airlines cites jump in global travel searches after U.S. ends COVID testing

2022.06.14 02:45

United Airlines cites jump in global travel searches after U.S. ends COVID testing
A United Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Roberts

By Rajesh Kumar Singh

CHICAGO (Reuters) – United Airlines said on Monday searches for international travel have increased after the United States ended a 17-month-old requirement that air travelers arriving in the country test negative for COVID-19.

Airlines had been lobbying the White House to end the measure, arguing the requirement was holding back a full-scale industry recovery after the pandemic-induced slump.

The United States on Friday rescinded the rule imposed in January 2021.

Analysts expect the change to be a “catalyst” for international travel.

United Airlines, which has the biggest exposure to the international traffic among major U.S. carriers, said it has seen more than 2.4 million searches for international travel in the past 72 hours, a 7% increase from the week prior.

About 1.5 million of those searched were for travel from the United States to international destinations including Europe, Mexico and the Caribbean, it said.

U.S. airlines are enjoying one of their strongest quarters in recent history on the back of a booming travel demand. All the major carriers have upgraded their revenue outlook for the current quarter despite trimming capacity.

Counting on the pent-up demand, United has ramped up its transatlantic service and is launching or resuming 30 flights this summer.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 84,769.71 2.24%
ethereum
Ethereum (ETH) $ 2,307.51 4.56%
tether
Tether (USDT) $ 0.999043 0.01%
xrp
XRP (XRP) $ 2.19 1.30%
bnb
BNB (BNB) $ 602.40 1.53%
solana
Solana (SOL) $ 132.71 5.85%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.199153 2.29%
cardano
Cardano (ADA) $ 0.644562 2.21%
staked-ether
Lido Staked Ether (STETH) $ 2,306.89 3.95%
tron
TRON (TRX) $ 0.224215 0.22%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,515.64 2.65%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,757.92 4.45%
chainlink
Chainlink (LINK) $ 14.90 0.70%
litecoin
Litecoin (LTC) $ 123.31 11.47%
avalanche-2
Avalanche (AVAX) $ 21.39 0.50%
stellar
Stellar (XLM) $ 0.282918 0.44%
sui
Sui (SUI) $ 2.81 0.16%
the-open-network
Toncoin (TON) $ 3.44 1.05%
leo-token
LEO Token (LEO) $ 9.01 1.08%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 1.07%
hedera-hashgraph
Hedera (HBAR) $ 0.190943 2.68%
usds
USDS (USDS) $ 1.00 0.05%
polkadot
Polkadot (DOT) $ 4.72 4.49%
mantra-dao
MANTRA (OM) $ 7.27 4.38%
weth
WETH (WETH) $ 2,307.58 4.76%
hyperliquid
Hyperliquid (HYPE) $ 19.08 0.44%
ethena-usde
Ethena USDe (USDE) $ 0.999478 0.02%
bitcoin-cash
Bitcoin Cash (BCH) $ 288.75 1.41%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,441.56 4.94%
bitget-token
Bitget Token (BGB) $ 3.95 6.54%
uniswap
Uniswap (UNI) $ 7.77 4.00%
monero
Monero (XMR) $ 214.63 0.77%
whitebit
WhiteBIT Coin (WBT) $ 26.44 1.17%
near
NEAR Protocol (NEAR) $ 2.93 1.95%
pepe
Pepe (PEPE) $ 0.000008 1.44%
aptos
Aptos (APT) $ 5.68 2.00%
dai
Dai (DAI) $ 0.999648 0.03%
internet-computer
Internet Computer (ICP) $ 6.24 1.97%
ondo-finance
Ondo (ONDO) $ 0.946448 2.17%
aave
Aave (AAVE) $ 195.82 0.95%
bittensor
Bittensor (TAO) $ 353.42 1.60%
susds
sUSDS (SUSDS) $ 1.04 0.27%
ethereum-classic
Ethereum Classic (ETC) $ 18.33 0.73%
okb
OKB (OKB) $ 44.54 0.14%
gatechain-token
Gate (GT) $ 20.99 2.32%
official-trump
Official Trump (TRUMP) $ 12.68 4.38%
mantle
Mantle (MNT) $ 0.744195 5.86%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.95 9.21%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 86,030.05 0.81%