Jet2 hikes dividend on record profit as holiday prices rise again Transport and infrastructure Average package holiday prices grew six per cent to £904, with inflation leading to higher costs for consumers, Jet2 said.
Will Jet2’s share price continue to fly? Business Jet2's stock, up 23.7 per cent this year to date, has outperformed rivals such as Ryanair and Tui this year.
Jet2 takes on Easyjet as it launches new routes from UK airport Transport and infrastructure Jet2 is parking its tanks firmly on Easyjet’s lawn as it announced its expansion into London Luton Airport – where its rival is headquartered. The Leeds-headquartered carrier is to start operating flights from the transport hub from next April. London Luton Airport will become Jet2’s 13th UK base and will offer 17 destinations. Jet2 said [...]
Meet the fund managers: Empowering growth in small UK companies October 21, 2024 In the final edition of this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Georgina Brittain, manager of the JPMorgan UK Small Cap Growth & Income How does your fund stand out from others in the same market? What really sets us apart [...]
Jet2 founder Philip Meeson sells millions more shares September 11, 2024 The founder of budget airline and holidays operator Jet2 has further lowered his stake in the listed business after selling a further five million shares. Philip Meeson has sold the ordinary shares to a limited number of institutional investors. The deal involves approximately 2.3 per cent of the issued ordinary share capital in Jet2. In a statement [...]
Jet2 welcomes ‘booking momentum’ as it doubles down on package holidays September 5, 2024 Budget airline and leisure group Jet2 has welcomed a late bout of” booking momentum” in July and August, and doubled down on its strategy to ramp up its package holiday offering. The Aim-listed carrier, which in July hiked its dividend after reporting record passenger numbers, said it had maintained its momentum throughout late summer in [...]
Is the post Covid boom over? A reality check for Ryanair, Easyjet, Wizz Air and Jet2 July 23, 2024 Monday saw shares in Easyjet, Wizz Air, Jet2 and British Airways owner the IAG plunge dramatically after an unexpectedly poor set of results from Ryanair.
Shares in Ryanair rivals Easyjet, Wizz and Jet2 slump after Michael O’Leary’s warning July 22, 2024 "Fares are now moving materially lower than the prior year and pricing… continues to deteriorate," Ryanair's boss Michael O'Leary said in a presentation announcing its latest results.
Jet2 hikes dividend after record passenger numbers boost profit July 11, 2024 Budget airline Jet2 has hiked its dividend by more than a third after record passenger numbers helped its revenue and profit soar during its latest financial year.
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.