Shares of Tui AG (LON: TUI) soared 12% today as investors hope that the upcoming easing of travel restrictions will result in high demand for international travel.
As Tui is currently not offering flights from England and Wales, its planes are flying from Scotland to the Canary Islands, which is a very popular holiday destination for the Brits.
As per the current regulation, travellers coming from the Canary Islands are not required to self-isolate upon their return. Tui said it hopes to resume flights to popular travel destinations soon, including Egypt, Greece and Turkey.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
“TUI is likely to start flying to these places soon. We’re keeping a close eye on government guidelines and expect to be able to start flying to again soon. Holidays during the Covid-19 pandemic will be slightly different to what you’re used to. But, we’re doing everything we can,” it is said in the statement on the website.
Yesterday, PM Boris Johnson said that lockdowns are due to conditionally end on December 02.
“For the first time since this wretched virus began, we can see a route out of the pandemic,” he said in a speech to Parliament.
Tui share price trades at 530.4p to be over 12% in the green today, with the high representing the highest price the stock printed in over 5 months.
PEOPLE WHO READ THIS ALSO VIEWED:
