statler -you seem to know much about the travel business. Am impressed. What the two giants -Cook/TUI -didnt say when they mentioned capacity filled so far is that the prices of seats sold were even lower than previous year. So, revenue-wise, i reckon they're doing far worse than their statements indicate. And in the last month sales have dived even further.
However, these are giant companies and will survive in UK and Ireland.
I wonder however about any tour operator in ireland that is owned by private individuals, has its own shops on which it pays high rents, is cutting staff-hours/pay, has cancelled much of its programme and is slashing its prices for holidays in next few weeks.
( Fortunately for the Irish public any tour operator travel agent licensed here is fully bonded and every cent spent is refunded by the government.)