Credit crunch will not end foreign travel

Consumers in the UK are unlikely to let the credit crunch stop them from travelling abroad, an aviation official has stated.

Robin Tudor, general manager of corporate and community affairs at Liverpool John Lennon Airport, said the sector is currently going through a "challenging" time.

However, he believes that while the economic downturn will lead to people cutting back on spending, it does not mean they will abandon their holidays completely.

Speaking to the Liverpool Echo, he commented: "Holidays are precious to a lot of people.

"Maybe they might tighten purse strings but they will not give up their 2 weeks holiday abroad."

Mr Tudor added that a number of low-cost airlines are continuing to announce new flights to foreign destinations.

The aviation sector is currently dealing with the fallout of the collapse of Zoom Airways and XL Airlines, while Alitalia is currently teetering on the brink of bankruptcy.

This comes after a study commissioned by the Passenger Shipping Association found that the number of Britons using ferries to travel abroad rose by 3.5% during the year to February 2008.

 

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