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August 2024: Travel industry company announcements
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TTC
August 05, 2024
Business
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August 2024: Travel industry company announcements
TTC
August 05, 2024
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Transcript
We’ve listened to the recent travel company announcements to understand
how trading is going for the sector. Here are a few things we’ve found interesting recently. August 2024
“Passengers are currently booking much closer to departure and therefore,
pricing for our flight-only and package holiday products must remain attractive.” Source: Jet2plc.com trading update July 2024
Source: Ryanair Q1 FY25 Results “While Q2 demand is strong,
pricing remains softer than we expected, and we now expect Q2 fares to be materially lower than last summer.”
Source: RCG Q2 Results July 2024 “The demand and pricing
environment remained very strong... Booking volumes were higher than the corresponding period in 2023 and at record pricing levels.”
Source: easyJet Q3 FY24 Results “easyJet has currently sold 1.5
million more seats for peak summer compared to the same point in time last year with total yield broadly flat year on year.”
For more insights like this sign up to receive our
newsletter. Plus, you’ll get guidance on strategic, regulatory and finance issues tailored for travel businesses. traveltradeconsultancy.co.uk/- sign-up-to-our-newsletter/