The UK package holiday capacity reductions for Summer 2009 between the 2 remaining operators (TUI Travel and Thomas Cook) are a total of approx. 24% compared to what was on sale in 2008. This has increased the price of a holiday for this summer by 10%...both companies outlooks are very good, albeit the next few months will confirm...
I would expect easyJet and Ryanair to do 'ok' this summer with that in mind...
It's winter 09/10 that's scaring the heebeejeebee's out of me!!!!
P.s. I got Alex's post first time too! Personally enjoy Mr Whittingham's writings against the Doom and Gloom spreaders...