17 October 2022
There is no sign of a slowdown in holiday bookings say the UK’s three most popular airlines.
IAG, Ryanair and easyJet said people were continuing to prioritise holidays despite the cost of living crisis.
British Airways’ owner, IAG, said there was “no indication of weakness” in bookings, while both Ryanair and easyJet said they were confident customers would continue to book with them in the year ahead.
Michael O’Leary, Chief Executive of Ryanair, said: “We thought they would begin to ease off but actually forward bookings into the mid-term and into Christmas are stronger in terms of volume and pricing than they were pre-Covid.”
Johan Lundgren, easyJet’s Chief Executive, said consumers “would continue to protect their holidays” where they could even as their income was squeezed by surging food and energy bills.
“Despite the difficulties that households have, we still know that holidays and travel are on the top of the list when people prioritise what they want to do with their disposable income,” he said.
IAG also said that forward bookings remained at expected levels “with no indication of weakness”, despite the economic turmoil.
