Choppy waters for travel firms

With more people using the internet for 'self-package holidays', it is getting difficult for companies using chartered flights to compete with scheduled flights, writes Siobhán Brett.

29th January, 2012
Choppy waters for travel firms
An increasing percentage of holidaymakers are using the web-based model when booking their trips abroad.

Traditionally, 15 per cent of all summer travel bookings are made in January - but, according to travel agents and tour operators, current patterns are anything but traditional.

Fierce competition and the migration of the vast majority of bookings to the internet have greatly changed the face of the travel industry. Last week, it was reported that British travel chain Thomas Cook had seen early January bookings nosedive by 33 per cent, with political unrest in...

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