As they are based locally;
TUI Travel has revealed a further ‘significant’ UK capacity cut for the current winter season. Its 9% reduction in charter flying means that total winter capacity has been reduced by 28% comapred to last winter. Its summer 2009 capacity has also been reduced by 16% as the holiday company predicted a ‘weaker earlier booking environment’.
For winter, average charter holiday selling prices are up by 10% due to stronger pricing the past two months. The winter charter programme is half sold with 9% fewer holidays to sell, but the company is seeing weaker demand for ski holidays, with adventure and expedition cruising seeing positive growth. Volumes for next summer are 17% down on the same period last year but average selling prices are up 11%.