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Biden says he does not expect any further travel bans or blockades as Covid omicron variants become more prevalent.

President Joe Biden On Monday he said he did not expect the United States to impose additional travel restrictions to stop the spread. coronavirus omicron variants, sending higher inventory for some airlines.

Airlines and aerospace stocks It plummeted After several countries reported cases of Omicron mutants on Friday and enacted a new travel ban. The United States began temporarily banning visitors from South Africa, where scientists first reported tensions, and from Botswana, Zimbabwe, Namibia, Lesoto, Eswatini, Mozambique, and Malawi on Monday.

Biden said at a press conference on Monday that the extent of the spread of the variant would determine whether more travel restrictions were needed.

“It’s unpredictable at this point,” he said. The president also said he did not believe the blockade was necessary.

The new rules were introduced three weeks after the United States lifted strict pandemic travel rules that ban foreign visitors from the United Kingdom, Brazil, India, South Africa, and nearly 30 other countries. Airline executives said bookings surged after the administration set a date to lift the rules that first came into force early in the pandemic.

Case reports of Omicron range from Israel to Hong Kong and Canada. Israel and Japan have implemented some of the strictest travel bans that temporarily ban foreign tourists.

Domestic travel recovered sharply this year after the vaccine was severely suspended and the city relaxed its pandemic restrictions. US airlines have had the busiest days since February 2020 during Thanksgiving Week.

Large network airlines rely heavily on long-haul international travel. Executives are particularly bright about the revival of transatlantic travel in 2022, but additional travel restrictions could delay the recovery of that segment.

United Airlines It rose 1% in the afternoon trading and rose in response to Biden’s remarks. Delta Air Lines When American Airlines It recovered from the lows of the day and remained almost unchanged.

Discount carriers that do not offer transatlantic or other long-haul international services spirit When Sun country Each increases by 3% or more.

Biden says he does not expect any further travel bans or blockades as Covid omicron variants become more prevalent.

Source link Biden says he does not expect any further travel bans or blockades as Covid omicron variants become more prevalent.

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