“To the contrary, prices will be reasonably stable, if not [lower],” said Fritz Joussen on a financial results call this morning.
“It depends on demand… Everyone who wants to kick-start their business will do so with attractive offers, particularly us.
“We want customers to come back so we will make interesting offers.
“30% price increases do not fit into the picture I have.”
It came as Tui reported “not so bad” bookings for summer 2020, with its programme 35% sold.