I don’t think they are in denial, they know what there ‘21 booking figures will be...
I have no doubt they do, TUI's 2021 are up 145% on 2019 according to the Sunday Times, but how many of these are bookings from this year was not mentioned. Let's not forget TUI are the whale here, pan European not just the UK.
Brexit is coming and it won't be a nice soft one either, people have had staycations and many will be tempted to do the same next year, there is a lot of uncertainty in the industry, people won't want to travel on holiday with a risk of quarantine at the end of it.
I have no doubt that Jet2 management have a plan, it's just the silence is deafening