As of writing there has been a strong relief rally in several of the airline names, in fact all of the, AAV, NOK, THAI are all up strongly today on the back of the news last night that the European Commission did not add any air carriers from Thailand.

“No air carriers from Thailand were added to the Air Safety List at this time. The Commission and the European Aviation Safety Agency (EASA) are willing to continue to work with the Thai authorities to enhance aviation safety in the country. The Commission and EASA will however closely monitor future developments and, if the protection of air passengers against safety risks so requires, the Commission could then propose to include one or more air carriers from Thailand in the Air Safety List.”

Source: European Commission