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McCarran International Airport in Las Vegas in June. Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images

The State Department lifted its international travel advisory on Thursday, roughly four months after warning Americans not to fly abroad due to the coronavirus pandemic.

The big picture: American travelers are still barred from traveling to numerous countries, including European Union member states, because the U.S. has yet to control the spread of the virus.

Despite those restrictions to American travel abroad, U.S. airline stocks reacted favorably to the lift, Bloomberg reports.

  • The S&P Supercomposite Airlines Industry Index rose as much as 3%, with the biggest gainers including American Airlines, Hawaiian Airlines, Delta Air Lines, Alaska Air and Allegiant.

What they're saying: "With health and safety conditions improving in some countries and potentially deteriorating in others, the Department is returning to our previous system of country-specific levels of travel advice ... in order to give travelers detailed and actionable information to make informed travel decisions," the agency said in a statement.

  • "We continue to recommend U.S. citizens exercise caution when traveling abroad due to the unpredictable nature of the pandemic."

Go deeper: Virgin Atlantic declares bankruptcy

Go deeper

Joann Muller, author of Navigate
Nov 13, 2020 - Economy & Business

Ticketmaster's digital health pass to battle coronavirus could be a model for airlines

Fans at a Kip Moore concert in Las Vegas. Photo: Ethan Miller/Getty Images

Ticketmaster's plan to ensure fan safety using a smartphone app could point to the future of air travel, according to SimpliFlying, an aviation consulting company.

Why it matters: People want to know they won't contract the coronavirus traveling on an airplane or attending a big event like a concert.

Nov 12, 2020 - Health

87-year-old Rep. Don Young tests positive for COVID

Young arrives for a news conference outside of the Capitol in March 2019. Photo: Bill Clark/CQ Roll Call via Getty Images

Rep. Don Young (R-Alaska), the oldest member of Congress, tweeted Thursday that he has tested positive for COVID-19.

Why it matters: At 87 years old, Young is part of the age group at "greatest risk for severe illness from COVID-19," according to the CDC.

2 hours ago - World

World leaders react to "new dawn in America" under Biden administration

President Biden reacts delivers his inaugural address on the West Front of the U.S. Capitol on Wednesday. Photo: Alex Wong/Getty Images

World leaders have pledged to work with President Biden on issues including the COVID-19 pandemic and climate change, with many praising his move to begin the formal process for the U.S. to rejoin the Paris Climate Agreement.

The big picture: Several leaders noted the swift shift from former President Trump's "America First" policy to Biden's action to re-engage with the world and rebuild alliances.