Holiday bookings abroad surged by as much as 600% yesterday after the UK Government laid out roadmap plans to gradually relax coronavirus restrictions, giving airlines and tour operators hope that a bumper summer could come to their rescue.
EasyJet said flight bookings from the UK jumped over 300% and holiday bookings surged by more than 600% week on week after the government indicated yesterday (Monday) that travel could restart from May 17th, while holiday company TUI UK said that its holiday bookings surged by 500%.
This summer is to be make-or-break for many airlines and holiday companies which are struggling to survive with close to a year of almost no revenue due to pandemic restrictions. Without it, many will need extra funds after burning through cash reserves.
