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Sports USA Open Borders for vaccinated - entry from November

22:25  20 september  2021
22:25  20 september  2021 Source:   handelsblatt.com

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EU citizens and British will soon be traveling back to the United States. Many companies can breathe. The relief is also noticeable at the Lufthansa course.

Deutschlands größte Fluggesellschaft hat besonders unter dem Wegbrechen des US-Geschäfts gelitten. © dpa Germany's largest airline has especially suffered below the bubbling of the US business.

18 months after Donald Trump closed the boundaries for Europeans, his successor, US President Joe Biden raises the so-called Travel Ban now. Sparkled people from Europe and other countries can come back to the USA soon. According to white house, from the beginning of November, the entry break for foreigners are falling from the Schengen Room, Great Britain, China, Brazil and other countries.

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At present, there is still an entry ban on persons who have stopped within a period of 14 days prior to intended entry into the US in Germany or other affected countries. Only US citizens, owners of a green card or certain exceptional groups in existential professions may travel from these countries to the United States.

with the decision ends a unilateral regulation, which also has thousands of German families separated and companies hit hard. Not only the airlines and the travel industry suffered from the measure. Industrial companies also had problems to get employees to the United States - whether for maintenance or business appointments. Many places remained unoccupied, and on-site employees often advised the managers to stay in the country.

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how big The problem was the US boss of BASF, Michael Heinz, clearly evident in August to the Handelsblatt, when he said that the abolition of the entry ban at the top of his wish list to the American government is .

observers had expected at the beginning of the year that bidets picks up the entry ban. Trump had imposed the extensive entrance information at the beginning of the Corona Pandemic in March 2020 when the virus was grassy in Italy, especially in Italy.

Good news for the Lufthansa

Various EU ambassadors and commercial chambers have been heavily made for months for a lifting of these rules. But also representatives of the US travel industry had long for a relaxation for vaccinated, because they avoid billions through the missing travelers.

For the Lufthansa , the message about an opening of US boundaries for vaccinated Europeans comes exactly at the right time. The Airline starts just a billion potential capital increase . Lufthansa boss Carsten Spohr spoke of a "big step out of the crisis" and called the end of the entry restrictions a "excellent message for the transatlantic partnership".

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Together with the capital increase, there were now "two essential decisions for the path from the crisis and the sustainable success of Lufthansa". Investors clearly share spohr's optimism. Even the first reports on the forthcoming opening of the United States fueled the share price in the meantime more than eight percent.

But also the courses of the two rivals Air France-KLM and IAG increased. The large network airlines are strongly dependent on transatlantic traffic. "This would reopened one of the most important long-distance corridors for our airlines - after 18 months with significant restrictions," Daniel Röska wrote from Bernstein Research in a first statement.

For Germany's largest airline, North America's routes were the most profitable to the beginning of the pandemic. Not only many business travelers use the airline on these compounds, even with private travelers, the country is popular. CEO SPOHR had actually hoped that this important market will be accessible again in September. Because of the grassing delta variant, he had recently expired at the beginning of the year with an opening.

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also the shares of US airlines Delta, American and United laid slightly on Monday in a very weak market environment.

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