Thousands of British families with holidays booked in Turkey are scrambling to cancel their trips following the attempted coup. Travel agents say they have been deluged by calls from worried tourists wanting to cancel after seeing shocking footage emerge from the holiday hotspot.
Specialist Turkish travel agents are ruing the 'huge financial impact' that the attempted coup has had on their business over the weekend - and of course, this comes hot on the heels of the Nice atrocity.
It's a third blow for the travel industry, already set to be profoundly affected by the Brexit vote.
Geoffrey Breeze, Executive Director at the World Travel and Tourism Council joined the Morning Money team to discuss further.
A huge search operation involving the Egyptian, Greek, French and British military is continuing in the Mediterranean Sea. EgyptAir flight MS804 was en route from Paris to Cairo with 66 passengers and crew on board when it dropped off the radar at 37,000 feet. The loss of another passenger plane raises major business issues for carriers everywhere. John Strickland is a former airline industry chief, and the founder of JLS Consulting, looked at the industry implications.
Shipping and its contribution to global trade is the focus, as London International Shipping week takes place. Neville White, Head of SRI Policy and Research at EdenTree Investment Management, joins Sandra Kilhof and Mark Johnson to offer an insight on this.