EasyJet and Carnival to be knocked from Ftse-100 after Covid-19 hits

EasyJet and cruise operator Carnival are set to lose their seat on the Ftse-100 index after the Covid-19 crisis knocked the value of their shares.

Hard-hit by travel bans, the airline lost as much as two-thirds of its market value during the peak of the pandemic crisis and despite a vigorous bounce-back, its market capitalisation was only ranked 125th.