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EasyJet looks to fill hole in market left by Thomas Cook by offering package holidays Pixabay

EasyJet looks to fill hole in market left by Thomas Cook by offering package holidays

By  Nov 21, 2019

Low-cost airline EasyJet have announced that they will once again offer clients package deals, seeking to fill the void created by Thomas Cook's demise, the British media has reported.

Around 20 million passengers fly with EasyJet to Europe each year, however only 500,000 people actually book their accommodation with them.

Explaining the decision to reopen package holidays, EasyJet explains: "The total European market package deals are worth around £61bn a year. The UK market alone is worth £13bn and has grown six percent annually over the past period."

“Customers spend holidays differently today, we know they want arrangements of different duration, not the traditional seven or 14 nights," the Irish company said.

The announcement of expanding their current offer was made with release of the 2018/2019 performance report, which ended in September. Pre-tax profits fell 26 percent to £427m (€ 500.4m). Revenue rose 8.3 percent to £6.38bn.

 

Booking.com

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