BARCELONA, Spain, Feb. 25, 2021 /PRNewswire/ — eDreams ODIGEO (www.edreamsodigeo.com), Europe’s largest online travel company and one of the largest European e-commerce businesses, today reported its results for the nine months ended 31 December 2020.
CURRENT TRADING
Short term trading impacted by travel restrictions but eDreams ODIGEO continues to outperform the wider market. After the strong and rapid turnaround experienced during the summer period, the rapid rollout of vaccines leading to lifting of restrictions is likely to result in a sharp rebound again to satisfy pent-up demand.
Gradual Improvements in Year-on-Year Trading Ahead of Airline Industry |
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Region |
April |
May |
June |
July |
August |
Sept (*) |
Oct |
Nov |
Dec |
Jan |
Feb (**) |
eDO Total |
-96% |
-92% |
-76% |
-63% |
-59% |
-63% |
-67% |
-68% |
-59% |
-76% |
-73% |
IATA Europe |
-98% |
-98% |
-94% |
-81% |
-73% |
-76% |
-78% |
-82% |
-78% |
N.A |
N.A |
eDO vs IATA |
+3pp |
+6pp |
+18pp |
+19pp |
+14pp |
+12pp |
+11pp |
+14pp |
+19pp |
N.A … |