EventsEventsPodcasts
Loader
Find Us
ADVERTISEMENT

UK holiday company shares hit by Egypt travel restrictions

UK holiday company shares hit by Egypt travel restrictions
Copyright 
By Euronews
Published on
Share this articleComments
Share this articleClose Button

Holiday company shares have been hit by Britain’s move to suspend flights to and from the Egyptian resort of Sharm el-Sheikh – a decision criticised

ADVERTISEMENT

Holiday company shares have been hit by Britain’s move to suspend flights to and from the Egyptian resort of Sharm el-Sheikh – a decision criticised by Cairo.

Thomas Cook fell by five percent, while the TUI Group was also affected, with shares down two percent.

Investigators are examining the possibility that a bomb caused last weekend’s crash of a Russian airliner over the Sinai Peninsula.

Easyjet’s shares rose slightly; the low-cost airline has cancelled several flights from Britain to Sharm el-Sheikh.

The British travel association ABTA estimates there are about 9,000 holidaymakers with its members currently at the resort.

Share this articleComments

You might also like