Air Nostrum Group doubles agreement for Airlander 10 aircraft
31st August 2023
The breaking news that Pfizer and BioNTech have produced an effective coronavirus vaccine that can prevent more than 90% of people from contracting COVID-19, has positively impacting airline shares. The developers, which have tested the vaccine on 43,500 people in six countries with no safety concerns, have described the news as a "great day for science and humanity".
In the UK and European, airline shares have risen sharply. For example: IAG shares spiked 40% higher on the news, easyJet shares similarly spiked, with Air France-KLM shares up 22%.
In the US, American Airlines shares rose more than 25% in premarket trading, Delta Air Lines was up 17% and United Airlines gained more than 19%. Boeing shares also rose more than 16%.