Travel sector sees recovery slip from grasp

Setback: A traveller arrives at Sydney Airport as countries react to the new Covid-19 Omicron variant, which is a blow to the airline industry. — Reuters

CHICAGO: Airlines are scrambling to limit the impact of the latest coronavirus variant on their networks, while delays in bookings are threatening an already-fragile recovery for global tourism.

Shares in airlines performed better yesterday following a sharp sell-off Friday on the discovery of the Omicron coronavirus variant.