News

AIRTOURS has announced a £10 million drop in profits following the terrorist attacks in the US.

The operator was on track to deliver record profits by September 30 - the end of its financial year - but saw a sharp drop in the last three weeks.

A trading statement issued by the operator said significant operating flexibility would help it deal with changes in consumer demand as a result of the crisis.

Based on experience of booking patterns during the Gulf War, the operator suggests the leisure travel market is robust and that disruption to bookings is related to timing rather than a fall in overall demand.