A special segment of adventurous travelers will purposely book itineraries with long connections in layover cities just to leave the airport and explore for a few hours or days between flights.
03.04.2024 - 10:45 / skift.com / Gordon Smith / Airlines
The TUI Group is a tourism powerhouse. Arguably best known for its family-friendly vacations, the company’s operation spans hotels, cruise ships, travel agencies, and digital platforms. The goal is to offer the entire value chain under a single umbrella brand.
It is also a major player in the aviation sector.
TUI owns five European carriers which collectively operate 130 medium and long-haul aircraft. These jets – supported by more than 8,000 employees – serve 140 global destinations from the Caribbean to Southeast Asia and many points in between. Around 26 million passengers flew with TUI last year, making it one of the dominant forces in the European leisure market.
At the center of it all is Marco Ciomperlik, TUI Group’s Chief Airline Officer. In a sit-down interview with Skift, he shared valuable insight into the latest travel trends and strategic growth priorities for the company’s airline division.
Skift: How is the coming summer season shaping up?
Marco Ciomperlik: Right now, it’s very good and we are very confident looking forward. As with most other airlines, we’re appreciating the current situation. If nothing [unexpected] happens then it seems to be a good year.
Do you consider current booking trends as the new normal? Or are we still experiencing a post-pandemic peak?
Nobody knows 100%. I think when you review the pent-up demand, we were all surprised by 2022 because everybody wanted to escape from home and the lockdown. Then I think in 2023, we said, ‘Is this the end of the pent-up demand?’ And then you look to this year, despite all the topics surrounding us, demand remains quite resilient. I believe what we’re now seeing is no longer pent-up demand – the situation is stabilizing.
The industry is at least back to 2019 levels revenue-wise, including inflation and other effects, but not completely with passengers. We’re almost there, but not yet, and of course, in 2019 there was no ‘pent-up demand’. I think it really depends on the economic outlook how things will develop in the next year.
Premium leisure has been one of the hottest niches of recent years. Is this something you’re also experiencing?
There’s certainly a demand in that category, but when we look at our core business, around 70% is still the package holiday. Yes, there’s a focus on premium leisure but we’re still serving families quite a lot. The TUI brand is positioned in the middle-to-premium category. When you look at the development of the sector, then yes, people are willing to spend more but also expecting more. For example, they are buying additional services that they haven’t done in the past.
You fly the Boeing 737 Max 8, would you consider the Max 9 in the future?
The 737 Max 9 is not in our scope as
A special segment of adventurous travelers will purposely book itineraries with long connections in layover cities just to leave the airport and explore for a few hours or days between flights.
After Scott Kirby, the CEO of United Airlines, hinted the carrier would reconsider its Boeing 737 Max 10 on order earlier this year, the airline has now confirmed that it will adjust its fleet strategy.
Transportation Secretary Pete Buttigieg on Tuesday announced a new partnership with more than a dozen state attorneys general to investigate consumer complaints against airlines.
After a volatile few years for airfare, prices this summer should be a bit more predictable thanks to stabilizing supply and demand, experts say.
In the modern airline business, companies are usually divided by their “low-cost” or “legacy” models. The upstarts versus the old guard.
Delta Air Lines is forecasting another busy summer travel season, buoyed by a sustained demand for leisure travel — not to mention a far more robust business travel sector that's been slow to improve in the wake of the coronavirus pandemic.
Over the past 100 years of shuttling people around the globe in metal flying machines, the world's aviation network has grown into a vast web of intersecting routes that connect nearly every corner of the globe.
You can expect to pay more for plane tickets this summer, as airline capacity struggles to keep up with demand.
It's been an eventful few months when it comes to U.S. budget carriers' route networks, shifting capacity to reduce their exposure to plummeting fares in prime leisure markets like Florida, especially in Orlando.
Whether you’re a frequent first class flyer, or a trip at the front of the plane is still firmly on your bucket list, a luxury flight is the best start to a trip.
California residents have a new option for a weekend getaway to Las Vegas. This week, discount airline Avelo launched a new route from LA’s Hollywood Burbank Airport (BUR) to Las Vegas’ Harry Reid International Airport (LAS). In celebration of the new route, the airline is offering introductory one-way fares for $57. The new flight route begins next month on May 3 just in time for Memorial Day holiday weekend and the summer travel season.
JetBlue has introduced dynamic pricing to its checked-bag fees.