News Snapshot:
Air travel optimism boosts Asia-Pacific airline stocks Air travel optimism boosts Asia-Pacific airline stocks Qantas A380 taking off on runway in Saxony, Dresden on Aug. 21, 2020 Tino Plunert | picture alliance | Getty Images SINGAPORE — Asia-Pacific airline stocks were on the move in Tuesday trade after a flurry of announcements largely boosted the outlook for international air travel. Shares of Australia’s Qantas Airways surged 2.55% while Air New Zealand’s stock soared around 6%. Those stocks rose as New Zealand Prime Minister Jacinda Ardern announced that the “travel bubble” between her country and Australia will begin April 19. Meanwhile,...
