Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
European airline stocks are falling on Friday as several European nations face a third wave of coronavirus infections due to the spread of the variant first found in the UK and the slow pace of the vaccine rollout.
Paris and northern parts of France, some of the hardest-hit districts, are set to enter a month-long lockdown to try and regain control over the spread.
Italy and Poland have also gone into new lockdowns, while politicians and experts in Germany are calling for restrictions to remain in place for longer as case numbers rise.
The news has seen European airlines stock fall once again as fears surrounding summer holiday plans increase.
Shares of European airlines have fallen, currently trading at:
There are still hopes that the European vaccine passport plans could come to fruition in time for a summer reopening, but it is still to be agreed upon by leaders.
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