Publishing date: May 23, 2021 • 2 hours ago • 9 minute read •
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(Bloomberg) Europe is slowly peeling back border restrictions set in place to stop the spread of Covid-19, providing an opening for sightseers and sun-seekers to finally make plans for a summer migration to Greece, Spain or Italy.
This past week, the U.K. reversed a ban on international leisure travel, while installing a “traffic light” system that ratchets up the costs and hassles of a trip based on the risk. For now, Portugal stands alone among major countries that are both green-lit and welcoming of Brits.
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5. Sydney Airport Limited (ASX: SYD.AX)
Sydney Airport Limited (ASX: SYD.AX) is a Sydney-based company founded in 1919 that owns the Sydney Airport and provides aviation-related services in Australia and internationally. It is ranked fifth on our list of 10 best ASX stocks to buy now. Over the past year, Sydney Airport stock has returned close to 5% to investors despite the pandemic crisis. Some of the services offered by the firm include access to terminals, infrastructure, apron parking, and airfield and terminal facilities, as well as commercial space leasing.
Sydney Airport Limited (ASX: SYD.AX) stock is set to surge, just like counterparts in the US, as international travel resumes with the rollout of the COVID-19 vaccine. American Airlines Group Inc. (NASDAQ: AAL) is another good option for the post pandemic economy.