LONDON (Reuters) - The boss of Europe's largest tour operator, TUI, said on Friday it would use partner airlines like Ryanair to carry passengers when it is facing strong demand, enabling it to remain
TUI to Leverage Partner Airlines During High Demand Periods
LONDON (Reuters) - The boss of Europe's largest tour operator, TUI, said on Friday it would use partner airlines like Ryanair to carry passengers when it is facing strong demand, enabling it to remain conservative on its own airline schedule.
Despite continuing post-pandemic demand for travel, a number of airlines have had to limit capacity growth targets because of delivery delays from plane makers, which are still grappling with supply-chain challenges.
"If you look at the package model, we are conservative in capacity, we envisaged the market would be more competitive this year," TUI CEO Sebastian Ebel told reporters in London.
"We want to sell with a good margin, at times where there is oversupply we will benefit from dynamic access to these suppliers," Ebel said.
(Reporting by Joanna Plucinska; Writing by Muvija M; Editing by Kate Holton)
