Jet2 gets summer-ready with new planes and profit before tax up a third April 24, 2024 Profit before tax was 33 per cent up on the previous year and in line with expectations, while Jet2 added that its balance sheet was "very strong" with total cash sitting at £3.2bn.
Jet2 founder lowers stake after shares climb takes airline and holidays group’s value past £3bn April 15, 2024 The founder of budget airline and holidays operator Jet2 has lowered his stake in the group after stepping down as its chairman last year.
Jet2 hikes profit guidance after customers splash out on package holidays February 15, 2024 Jet2 has hiked its annual profit forecast amid "robust" pricing and soaring demand for its package holidays and flights.
Losses slashed at Liverpool John Lennon Airport as turnover takes off February 8, 2024 The group behind Liverpool John Lennon Airport slashed its losses as its turnover took off during its latest financial year.
Jet2 raises profit outlook despite £13m hit from air traffic control chaos September 7, 2023 Jet2 expects to exceed profit forecasts for the year ahead, despite a summer of disruption caused by last weeks’ air traffic control shutdown and rampant wildfires on the Greek Island of Rhodes. Annual pre-tax profits on a constant currency basis are expected to hit between £480m to £520m, after the months of July and August [...]
Tui: Shares down as travel giant eyes return to profit with strong summer getaway bookings May 10, 2023 TUI reported its revenues overtook pre-pandemic levels in its half year results this morning, as it cashed in on increased bookings and a boom in summer travel demand. The travel company reported revenues of £2.78bn (€3.2bn), a £870m (€1.bn) improvement on the previous year, with bookings hitting 12.9m across the winter and summer seasons. Losses [...]
Jet2 having a ‘Goldilocks’ moment as travel group hikes its profit expectations April 20, 2023 Leisure travel company Jet2 has raised its profit expectations to between £387m and £392m this morning, for the year ending 31 March 2023. The company has reported sale seat capacity for Summer 2023 as 7.2 per cent higher than the previous year, at 15.26 million. Forward bookings remain encouraging, with package holiday customers representing just [...]
Battle of package holiday makers: Jet2holidays overtakes Tui as top tour operator for first time February 13, 2023 Jet2holidays has overtaken Tui to become the UK’s largest tour operator for the first time. Data published by the Civil Aviation Authority shows Jet2holidays is licensed to provide package holidays to 5.9 million people in the year to the end of September. That is compared with 5.3 million for Tui. Jet2holidays will operate its largest summer programme this [...]
Jet2: Winter sun seekers boost package holiday firm’s profit expectations to £385m January 26, 2023 Package holiday firm Jet2 has raised its profit expectations for the year ending March 2023 amid soaring winter bookings. The company, which has estimated its profits at £385m for the 12-month period, reported that sale of seats this summer is 6.6 per cent higher than last year at 15.2m, while forward books are dominated by [...]
Jet2 recovers from covid and summer travel chaos with 730 per cent revenue boom November 24, 2022 Low cost leisure airline Jet2 had a whopping 730 per cent rise in revenue and booming profits of more than £350m as Brits flock on holiday post-pandemic. The listed firm announced strong half-year results up until the end of September, with profit before foreign exchange valuation up to £505m, following a £195m loss in 2021. [...]