EasyJet says path to travel recovery will be bumpy

LONDON - The chief executive of British airline easyJet always expected bumps along the way to a travel recovery, he said on Monday, denying that a third wave of COVID-19 infections in Europe put the carrier at risk.

Government ministers have repeatedly warned Britons not to book holidays abroad, given pandemic uncertainty, threatening airlines' hopes for a summer recovery. The latest warnings sent travel and airline stocks down by as much as 8% on Monday. British Prime Minister Boris Johnson, meanwhile, said the rise in infections in continental Europe, a so-called third wave, could head to the UK, placing the peak holiday season in further jeopardy.