Group chief executive Peter Fankhauser was speaking to media after issuing a profit warning for its full-year results.
Underlying Ebit (earnings before interest and taxes) for the year ending September 30 was reported at £250 million – £58 million lower than the prior year on a like-for-like basis and £30 million lower than guidance issued in September.
“We are flexible. We are more cautions in our approach for next summer in terms of committed airline capacity,” Fankhauser said.
“We will grow more into the dynamic packaging offering along the way when and where we need to increase our capacity.”
