Speaking during the group’s third quarter results call this morning, chief executive Fritz Joussen said that even with changes to destination advice and quarantine measures the business would succeed, although warned lockdowns would be more problematic.
“The integrated model is better than independent,” he said. “You can quickly contact the customer and change them even for the next day – re-bookings from A to B is much easier.”
Asked what assumptions had been made for a normalised level of demand for 2022, Joussen said: “Yes we need a vaccine and the assumption is that we will see a vaccine from next year.
