More than £3bn wiped off travel shares as Austria orders lockdown

Fears of restrictions in other European countries this winter knock airlines

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More than 3bn was wiped off the value of UK airlines and travel-related companies on Friday as Austria's decision to order a national lockdown stoked fears of the introduction of new pandemic restrictions across Europe.

Austria will go into its third national lockdown from Monday, which could last until 12 December, in an attempt to arrest a surge in coronavirus cases and rising deaths.