Travelmatch: Low-cost Airlines Help Spur Recovery

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Analysis has shown that low-cost airlines saw a marked growth in flights to Europe in 2010; online holiday experts Travelmatch believe that growth in this sector will help boost the prospects of the entire travel market.

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At Travelmatch, we look forward to seeing continued growth here, as it will only make it easier to travel to excellent destinations in the Mediterranean and the rest of Europe.

According to a recent report, low-cost air carriers saw a marked increase in traffic in 2010. The analysis was published Eurocontrol, the European Organisation for the safety of Air Navigation, who concluded that this growth helped spur a general increase in the number of flights to Europe. The report showed that low-cost flights increased by 6.9% when compared to 2009, pushing overall growth up 0.8%. Online travel specialists Travelmatch also observed a significant increase in the number of British tourists taking budget flights to the continent.

Alex Francis of Travelmatch.co.uk comments on these findings: “We have seen an increased demand for budget flights, as many of our customers are looking to go to Europe for week-long trips at bargain prices. Finding cheap plane fares is the primary way people look to save money on holidays, a trend which is borne out by the 6.9% increase in such flights last year.”

The report by Eurocontrol showed that there were 9.49 million flights to Europe in 2010, this represented an increase of 0.8%. According to Francis this growth, while not spectacular, is significant as it shows that the market is making strong strides following the recession.

Francis concludes that low-cost carriers are likely to play a major role in the future of the European travel market. He comments: “This report shows that budget airlines can play a very significant role in expanding the European travel market as people are increasingly focused on finding great bargains on flights. The proliferation of carriers catering to this market is a major development which should have a very positive impact. At Travelmatch, we look forward to seeing continued growth here, as it will only make it easier to travel to excellent destinations in the Mediterranean and the rest of Europe.”

About Travelmatch:
Travelmatch is a new travel discovery engine that helps inspire customers by matching their requirements to a wide range of holidays, hotels, flights, cruises, villas or city breaks. Unlike other travel sites, customers are not required to choose a destination, date or budget before they can begin searching. Customers are able to make informed decisions by exploring photos, user reviews, maps, events and activities and other fun things relevant to their chosen travel product. Travelmatch, which closed its first funding round in 2010, is based in Notting Hill, London.

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Alex Francis
travelmatch.co.uk
+44 (0)20 3384 5830
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