Greece stands to benefit in terms of Russian tourism flow from the cancellations in Egypt following the crash of a Russian jet at Sinai last month.
Derek Moore, chairman of Britain’s Association of Independent Tour Operators, said that “the key to air travel… will be the reputation of particular airports. A holiday involving a flight back from a potentially ‘risky’ airport would probably not be seen as OK.”
“The scare for declining markets is that once they emerge from their troubled situation, they might find themselves challenged by a well-established competition,” said Nadejda Popova, airlines analyst at market researchers Euromonitor International.
She added that “Russians traditionally favor such summer destinations as Greece, Spain, Thailand, Italy, Turkey and Bulgaria. I will expect that given the events in the Middle East, these will remain preferred destinations.”