Travel sector sees recovery slip from grasp amid new coronavirus scare – Reuters

  • Date: 30-Nov-2021
  • Source: Reuters
  • Sector:Healthcare
  • Country:Gulf
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Travel sector sees recovery slip from grasp amid new coronavirus scare – Reuters

Nov 29 (Reuters) - Airlines are scrambling to limit the impact of the latest coronavirus variant on their networks, while delays in bookings are threatening an already-fragile recovery for global tourism.

Shares in airlines performed better on Monday following a sharp sell-off Friday on the discovery of the Omicron coronavirus variant.

The latest outbreak, first reported in southern Africa, dealt a blow to the industry just as it had recovery in its sights, especially following the easing of U.S.-bound travel.