Aussie, Singapore travel stocks soar as countries discuss air travel bubble

Sats

15/03/2021 02:52

** Shares of travel-related stocks in Australia and
Singapore climb between ~1% and ~9% 
    ** Singapore and Australia are discussing an air travel
bubble that would allow travel between the two countries without
the need for quarantine  urn:newsml:reuters.com:*:nL1N2LC01Z
    ** Singapore is also discussing with Australia the mutual
recognition of vaccination certificates and resumption of travel
with priority for students and business travellers
    ** Carrier Qantas Airways  QAN.AX  adds as much as 2.5% to
hit over 3-month high
    ** Online travel bookings provider Webjet Ltd  WEB.AX  gains
1%, while travel distribution firm Helloworld Travel  HLO.AX 
climbs 3.9% 
    ** Corporate Travel Management  CTD.AX  hits highest since
Aug 2019, while Flight Centre Travel Group  FLT.AX  inches up
1.3%
    ** Singapore Airlines  SIAL.SI  jumps as much as 8.5% to hit
a more than one-year high
    ** In-flight catering service provider SATS Ltd  SATS.SI 
adds 3.7% 
    

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Travel stocks find new lease of life    https://tmsnrt.rs/3cy61iG
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 (Reporting by Shruti Sonal in Bengaluru)
 ((Shruti.Sonal@thomsonreuters.com; Twitter: @shrutisonal26))