RealNews

Europe Travel Sector Rattled by Bombings

Bomb attacks that killed 190 people and injured 1,247 during Madrid’s rush hour pushed shares of airlines and travel agents lower on Thursday on concerns tourists will cancel holidays. Analysts and investors expected Europe’s deadliest bomb attacks in more than 15 years to hit tourism, especially in Spain, but said they were unlikely to end the travel sector’s gradual recovery from a slowdown that started in 2001. Shares in Europe’s largest travel firm TUI slid 7.2 percent, with UK-based rival First Choice Holidays down 4.2 percent. Airlines such as Ryanair and easyJet were also hit. “This is a reaction on the day to terrible news of the bombs,” said Anita Griffin, investment director for European equities at Standard Life, which manages about 95 billion pounds ($171.5 billion) in assets. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.