Flight Centre, Qantas, & Webjet shares fall on Brisbane COVID lockdown news

It has been a difficult start to the week for the shares of Flight Centre Travel Group Ltd (ASX: FLT), Qantas Airways Limited (ASX: QAN), and Webjet Limited (ASX: WEB).

At the time of writing, all three travel companies are in the red and underperforming the S&P/ASX 200 Index (ASX: XJO).

What’s happening?

Here’s the current state of play in the sector today:

• The Flight Centre share price is down 2% to $18.14.
• The Qantas share price has fallen 0.7% to $5.08.
• The Webjet share price is 2% lower at $5.61.

Why are travel shares under pressure?

There appear to be a couple of catalysts for today’s weakness in the travel…