The carrier is reporting year-on-year bookings up 43%, which MD Liz Savage attributed to ‘people are being more organised this year and booking their summer holidays much earlier than they have previously to take advantage of the low fares currently available in the market’.
She added: ‘Destinations that are particularly buoyant for next summer are the Canary Islands, Cyprus and Malaga, all of which are popular second home markets with owners undoubtedly utilising their own properties rather than looking to spend money on holidays elsewhere.’
In a recent online poll conducted by Monarch, 77% of respondents said the credit crunch would not impact the number of times they plan to fly next year.
The poll, which ran on monarch.co.uk between Friday 24 October and Monday 10 November 2008, asked: ‘Has the credit crunch affected your flying habits?’
Of the 1,104 respondents, 36% said ‘not at all’, 22% said they would fly less, while 41% said they would still fly but spend less.
Savage added: ‘The results of our online survey are contradictory to the current situation in the economy.’
See also:
UK demand continues for Hoseasons (17/11/08)
Brits still plan to take festive break (05/11/08)
Agents taking credit crunch in their stride (11/08/08)