Rising living costs and increased airfares will lead to passengers, who may traditionally prefer to stay loyal to national flag carriers, booking with low-cost airlines. Ryanair’s plans to increase its capacity to above pre-pandemic levels shows that the low-cost airlines segment will emerge from the pandemic stronger than ever, found GlobalData, a leading data and analytics company. Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “With the rising fuel costs, air fares are increasing to cover operational overheads. Whilst the low-cost sector is as much affected by these as full-service carriers (FSCs), the typically young age of their aircraft means that many are more fuel efficient, helping to reduce fuel expenses. The low-cost business model is also des...
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Britons rush to book trips to Portugal ahead of up-in-the-air summer season
The mailbox of a well-known hotel in the heart of Lisbon was bombarded with queries as soon as Britain announced it was including the country on its travel “green list” this summer. Manuel Pinto, Mundial Hotel director, is over the moon that British holidaymakers, who are essential to Portugal’s tourism industry, will be able to return after a five-month travel ban, providing a much-needed boost to the struggling sector. A woman takes photos in Cais das Colunas amid the coronavirus disease (COVID-19) pandemic in Lisbon, Portugal, May 11, 2021. REUTERS/Pedro Nunes “I was delighted, not only on a personal level but for our country,” Pinto said, standing in Mundial’s rooftop bar, adding that British visitors had already booked around 4,000 room nights at the hotel this year. Port...
Read MoreBritons rushed to book foreign holidays after the government laid out plans to gradually relax coronavirus restrictions, giving battered airlines and tour operators hope that a bumper summer could come to their rescue. Bookings flooded in on Monday evening and Tuesday following the government’s announcement on Monday that travel could restart from mid-May, with Spain and Greece the most popular destinations, airlines and holiday companies said. However, travel industry is yet not happy with the announced plans, as it feels that delaying the return of international travel until at least mid-May, could mean the Travel & Tourism sector simply won’t survive and struggling SMEs will just disappear. EasyJet said that bookings on its flights from Britain for this summer had jumped b...
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