IAG share price jumps as US set to allow vaccinated passengers in from UK and EU

The announcement will bring 18 months of travel restrictions to an end

Passengers who have received the vaccine will be allowed to travel to America from the UK and the EU from November, Biden is set to confirm on Monday.

Travellers from foreign countries will need to prove they have been vaccinated before boarding, in addition to a negative test three days prior to flying, said a spokesperson from the White House.

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The announcement will bring to an end 18 months of travel restrictions by Donald Trump, who was president at the beginning of the pandemic.

The airlines will also be required to collect contacting tracing information from international travellers.

In July, the UK waived quarantine requirements for fully-vaccinated arrivals from the USA.

Airline stocks are in play today amid rumours of the announcement.

IAG is up by 10.73% while EasyJet, which focuses more on Europe flights, is up by over 3%.

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