Mediterranean Holiday Package Sales Increased 6 Times in the UK

After the British Prime Minister Boris Johnson's description of Turkey, Spain and Greece on vacation package sales 6 times the output.

Mediterranean holiday package sales in the UK increased 6 times. British Prime Minister Boris Johnson announced his plan to normalize air travel. Following Johnson's announcement, there was a significant leap forward in requests for reservations made by EasyJet and TUI for summer vacation. After the announcements, EasyJet's ticket sales almost doubled, while TUI's bookings, which sells holiday packages to Turkey, Spain and Greece, increased 6 times. With the interest of the consumer in the summer vacation, the shares of the airlines increase in the second day, while the travel restrictions are expected to be lifted by May or June at the latest. EasyJet CEO Johan Lundgren said, “We are seeing a significant increase in demand for travel. With this increase in reservations, we understand that UK vacationers are looking forward to the government's plan.” EasyJet reported that bookings for flights from the UK increased by 337 percent within a few hours, while TUI reported that holiday package sales rose 630 percent.   Bloomberg Intelligence Analyst Rob Barnett said: “We think the demand will first pick up on relatively cheap airlines such as Ryanair and Wizz Air. We foresee a slower recovery for full-service airlines such as IAG. "