Travel sector flies into brighter skies but global recovery concerns weigh on FTSE 100

Travel sector flies into brighter skies but global recovery concerns weigh on FTSE 100

  • Airlines and travel stocks set off on a flight path to recovery
  • FTSE 100 falls 1.8% but began afternoon climbing back up
  • FTSE 250 falls 1.2% but claws back some losses
  • Mining, house builders and financial stocks in the red
  • IAG, Entain and Just Eat on a small island of risers

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown

‘’After months of stomach turning turbulence, the travel...

https://allaboutshipping.co.uk/2021/07/08/travel-sector-flies-into-brighter-skies-but-global-recovery-concerns-weigh-on-ftse-100/

Climate change: IAG reviews ‘fuel-tankering’

A new report suggests that slower-steaming is the best way to cut emissions from ships. Cutting ship speeds by 20% would cut sulphur and nitrogen oxides by about 24%, while also reducing  black carbon. But some lines, notably Maersk, are very much opposed to speed limits, and others say it would lead to more ships, and therefore more emissions. The BBC reports.
Perhaps a quicker win in transport would be to end the practice of fuel-tankering by airlines, in …

The post Climate change: IAG reviews...

https://theloadstar.com/climate-change-iag-reviews-fuel-tankering/