TUI slashes prices to kick-start sales after Brexit delay

TUI slashes prices to kick-start sales after Brexit delay

TUI is offering Brits £100 off two-week European holidays in a bid to kick-start bookings after the Brexit deadline was extended until October 31.

It hopes to incentivise customers who have been waiting to book their summer holiday ‘to take a well deserved break from Brexit’.

Discounts are available on TUI and First Choice holidays to over 40 beach and city destinations.

“We have seen that people have been waiting to decide and now there’s no reason not too; we think Brits really deserve a break from Brexit,” said managing director, Andrew Flintham.

All offers are available online and in shops until Monday April 15 at 23.59.

The Brexit delay, confirmed yesterday, helped boost TUI’s shares by 7%.

EasyJet shares were also lifted by more than 8%, Ryanair’s by 5% and British Airways’ parent IAG also saw a 5% jump.

Following the news that the deadline had been extended, Brittany Ferries quickly issued a press release telling customers they can now book Easter and summer trips with confidence.

“Over the last six months it has been difficult to reassure passengers due to the noise of Brexit uncertainty,” said CEO Christophe Mathieu.

“Now we have a Brexit delay until October 31. We very much hope that customers will have the confidence to return to Brittany Ferries – and the prospect of a European holiday in one of our fabulous destinations. Our message is clear: it’s time for Brits to take back control of their travel plans.”

The company, which operates from Portsmouth, Poole and Plymouth, has suffered a 10% downturn for the summer season and an even bigger drop of 15% for Easter.

Yesterday, ABTA said the further delay would give travel companies some respite and would give customers the confidence to book.

Chief executive Mark Tanzer said: “The Brexit extension provides certainty for people’s travel plans going into the summer, meaning they can continue to book and travel without the uncertainties that come with a no-deal Brexit.”

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