COVID in China puts pressure on the quotes of European airlines
2022.12.29 07:34
COVID in China puts pressure on the quotes of European airlines
Budrigannews.com – Shares in European long stretch aircrafts dropped on Thursday as worries mount over the effect of the spread of Coronavirus cases in China.
Deutsche Lufthansa is a German airline (ETR:), in addition to competitors Air France KLM (EPA:) and the Group of International Consolidated Airlines (LON:), All of them finished last in the pan-European.
As China begins to lift its long-standing strict pandemic restrictions, the European Union’s Health Security Committee, an informal council advising high-level European officials, called for joint action to address a potential increase in COVID-19 cases on Thursday. On January 8, Beijing made the previous announcement that it would end the quarantine rules for new arrivals. This raised hopes that the world’s second-largest economy might be moving on from the strict coronavirus regulations of the past. However, as the number of cases rises across the nation, that optimism is beginning to falter.
The EU’s Health and Security Committee tweeted, “Coordination of national responses to serious cross border threats to health is crucial.”
The statement comes after the United States and Italy joined Japan, India, South Korea, and Taiwan in requiring proof that inbound Chinese air travelers had negative COVID tests on Wednesday.
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Orazio Schillaci, the health minister of Italy, stated that the move was required to “ensure surveillance and detection” of any potential COVID-19 variants. He likewise encouraged Brussels to found a coalition wide testing rule for approaching voyagers from China, contending that numerous Chinese travelers enter the country through the EU’s free travel region.
Two recent flights from China to Milan’s Malpensa airport were found to have high rates of infection, according to health officials from the northern region of Lombardy in Italy. One of the flights saw 52% of the 120 travelers on board test positive, as did 38% of one more trip of 92 travelers.
