Missing plane and ghosts of terrorism: down the titles of the tourism sector
The financial markets also take note of the disappearance of the Egyptair area between Cairo and Paris, for which the terrorist hypothesis is not excluded . Strong falls are recorded for the major titles of the European tourism sector and of the airlines.
The action of Thomas Cook, the leading tour operator in the United Kingdom, has managed to sell more than 15 percentage points. But he is in good company: Airbus (the company that produced the crashed plane), Air France KLM , Lufthansa , British Airways, which also controls the Paris airports, are heavily in negative territory. Accor , Tui and InterContinental Hotels yield between 1.8% and 3.7%.
The Bloomberg graph clearly shows the collapse at the opening of today’s markets of the Stoxx Europe 600 travel and leisure index, which summarizes the trend of European companies active in tourism, after rising on the eve and the news of the tragic event .