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Jet2 braces itself for bumper loss as holiday giant crashes £383m into the red April 8, 2022 Holiday giant Jet2 has said the relaxation of UK travel restrictions led to a significant increase in bookings in February and March, although the firm still expects a bumper loss for the past year. The company said bookings for the period approached “seasonal norms as customer confidence in travelling internationally rallied”. The West Yorkshire-based travel [...]
Jet2’s operating losses go up due to customer anxiety November 18, 2021 UK low-cost carrier Jet2 registered a 53 per cent increase in operating loss as a result of the Covid-19 air travel restrictions and consequent customer anxiety. In its half year results, the airline’s losses went up to £170.4m, compared with £111.2m registered in 2020, while the group’s loss before foreign exchange revaluation and taxation increased [...]
Athens calling: UK airlines prepare for Greece summer boom November 8, 2021 UK airlines are increasing the number of flights to Greece in preparation for next summer’s boom in tourism, the Financial Times reported. Carriers are ramping up their pre-pandemic capacity, with Jet2 adding 1 million seats compared to 2019’s capacity and Easyjet increasing its tickets by 500,000. “Having met most of the tour operators and airline [...]