Qantas A380 take off on the runway in Saxony, Dresden, on August 21, 2020
Tino Plunert | alliance image | Getty Images
SINGAPORE – Shares of Asia-Pacific airlines were on the move in trading on Tuesday after a large number of announcements boosted the prospects of international air travel.
Shares of Australian airline Qantas Airways rose 2.55%, while shares of Air New Zealand rose around 6%.
These actions escalated when New Zealand Prime Minister Jacinda Ardern announced that the “travel bubble” between her country and Australia would begin on 19 April.
Meanwhile, Singapore’s aviation regulator said that as of May, the country will begin accepting passengers using the International Air Transport Association’s (IATA) mobile travel pass for pre-flight checks. way out. Shares of Singapore Airlines rose about 0.2% in trading on Tuesday.
“Having the trust of an aviation leader like Singapore on the IATA Travel Pass is hugely significant,” IATA CEO Willie Walsh said in a statement.
“Ongoing trials have paved the way for IATA Travel Pass to be a key tool for restarting the industry by delivering verified travel health credentials to governments. And travelers can have full confidence that their data personnel are safe and under their own control, ”Walsh said. .
Elsewhere, shares of Korean Air Lines were flat, while shares of Japanese airlines remained in the wider region. Japan Airlines fell 2.44%, while ANA Holdings fell 2.19%.
Local media reported that the almost urgent measures of Covid-19 were implemented from Monday in several prefectures of Japan to try to curb the resurgence of infections.
The air travel industry has been one of the sectors hardest hit by the coronavirus pandemic, as authorities tightened global border restrictions to curb the spread of the virus.