The group on Thursday (May 10) reported “solid” adjusted pre-tax profits of £14.0m, up 15%, for the six months to the end of March (H1), taking into account an estimated £1.1m hit in lost bookings due to winter seat availability and pricing, brought on by the Monarch failure.
However, speaking to TTG on Thursday, chief executive Simon Cooper said the situation following the Monarch collapse “continued to improve by the week”.
“It’s been helpful some destinations in the eastern Med have come back with a vengeance,” he said.
