Australian travel stocks gain as border set to reopen for vaccinated travellers

Web Travel

07/02/2022 04:45

** Australian travel stocks rise as the country is set to
fully reopen its borders to all vaccinated visa holders from
Feb. 21
    ** Major carrier Qantas Airways  QAN.AX  gains as much as
5.6% to its highest since Nov. 19, 2021
    ** Online travel website Flight Centre Travel Group  FLT.AX 
jumps 8.3%, tracking its best session since Oct. 4, while online
travel agent Webjet Ltd  WEB.AX  climbs as much as 5.8% to its
highest nearly four weeks
    ** IDP Education  IEL.AX , which earns money from provision
of placement and education services to international students,
gains 4.4% to its highest since Jan. 21 

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))