EasyJet chief Jordan Lundgren reckons Brits will get quarantine-free holidays to Spain, Italy, Greece and Portugal by next month.
He predicted the Government will put "almost all major European countries" on its "green list" when foreign travel is allowed on May 17.
The new traffic light system will mean UK arrivals won't need to self-isolate if coming from a "green" country.
Those entering from an "amber" destination must quarantine for 10 days with existing rules for "red" locations set to continue, including the mandatory stay in a quarantine hotel.
Everyone returning to or visiting the UK will also be required to take at least one coronavirus test prior to departure and after they arrive.
The earliest date that foreign holidays could be permitted for people in England under Prime Minister Boris Johnson's road map for easing restrictions is May 17.
Mr Lundgren was asked if he expects destinations such as France, Spain, Portugal, Italy, Greece, Croatia, Cyprus and Turkey to be on the "green list".
He replied: "Yes, by the time we open up for travel on the 17th of May and if the Government continues to have the plan in place on the two-test system.
"I wouldn't see a reason why you wouldn't have the majority of the countries of Europe in there."
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Mr Lundgren said people should be able to return from "green" countries without "any testing at all because it would be considered low-risk".
He added: "It's important the Government comes out with this list as soon as possible because this is the main question for most of our customers right now."
The Department of Transport has pledged to categorise countries "by early May".
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Assessments will be based on a range of factors, including the proportion of a country's population that has been vaccinated, rates of infection, emerging new variants, and the country's access to reliable scientific data and genomic sequencing.
Simon McNamara, who leads airline trade body the International Air Transport Association's UK and Ireland activities, told the Commons' Transport Select Committee that the Government's approach to reopening foreign travel is "still too complex and too cautious".
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He said: "We are approaching a point where the pandemic in the UK is under control. We have good protections in place with testing, with vaccination as well, and we think we can open in a faster but safe way."
Mr McNamara added that the Government's Global Travel Taskforce report published last week was "very vague".
Luke Petherbridge, director of public affairs at travel trade organisation Abta, said testing requirements will be a "major barrier" to travelling abroad this summer.
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He told Sky News that allowing passengers returning from "green" destinations to take lateral flow tests rather than PCR tests – which cost around £120 – would be "a more proportionate approach".
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