July 02, 2007

The important of airport security

In an airport, security is one of the most important thing. for the high terrorist treat and other thing.

Recently the British police have now arrested at least seven suspects in connection with an attack on Scotland's Glasgow Airport on Saturday, which authorities have linked to two earlier attempted car bombings in London. Britain's terror alert level was raised to "critical," its highest threat level.

"With the increased level of security-tightening following the weekend's terrorist threats, airline stocks stood out among the losers," said Claire Collingwood, a trader at CMC Markets.

Following, the travel stocks weakened in London trading on Monday, with British Airways and Thomas Cook among the losers as the U.K. stood at its highest terror-threat level and with oil trading near $70 a barrel.

British Airwaysshares dropped 1.6% and easyJetshares lost 1.7%.

Shares in tour operators also came under pressure as investors eyed weekend developments. First Choice Holidaysfell 3.9% and newly merged travel firm Thomas Cookdeclined 4.3%.

Along with travel stocks, retailers are also exposed to consumer-spending levels. One of the biggest influences on consumer spending attitudes is interest rates and investors could be wary as the Bank of England is widely expected to hike rates again this week.

Other European markets were trading further in the red than the British index, with the German DAX index down 0.6% and the French CAC-40 index down 0.5% as oil prices stayed near $70 a barrel.

Still, the firmer oil prices helped oil majors BP (BP) and Royal Dutch Shell ( RDSA) to rise more than 0.4% in London's top index, cushioning downside.

Read the news release of this article's source at
U.K. Travel Stocks Drop After Glasgow Airport Attack
By Sarah Turner

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