Jet2.com claims record half year results
Low fares airline Jet2.com’s parent company Dart Group has released profit figures for the first five months of the year.
The group, which comprises the airline and chilled distribution company Fowler Welch-Coolchain, is expected to deliver a pre-tax profit of more than £30 million.
Full year results are forecast to be in advance of current market expectations, a statement added.
No financial breakdown was given between the airline and the distribution arm.
“By focusing on its core European leisure routes, our scheduled airline, Jet2.com, is delivering improved yields coupled with load factors on these routes in excess of 90% in the peak months,†the statement said.
“Trading performance has been supported by increased charter volumes, strong cost control, and a conservative approach to fuel hedging.
“Our ATOL-protected holidays company, Jet2holidays.com, continues to grow strongly by meeting our customers’ demand for a package holiday from their local airport.â€
Philip Meeson, chief executive of the northern-based carrier, said: “We have had another great summer, our aircraft have been full and we have made record profits, in fact we are expecting our parent company’s half-year profits to be in excess of £30 million.
“We have been able to hedge our fuel, plan ahead and ensure we offer Jet2.com’s low fares to our customers’ favourite European leisure destinations from our six regional UK bases. And we have recorded our best ever load factors – in excess of 90 per cent.
“Our ATOL-protected package holiday business, Jet2holidays.com, has also had another bumper year.”
Referring recent airline and operator failures, he added: “The airlines and tour operators that have had problems have been those with a bias towards transatlantic and long haul flights, as was the case with Zoom, Silverjet and XL, each of which operated frequent scheduled services to several destinations in North America, and this is an entirely different market to ours.”
by Phil Davies
Phil Davies
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers
Air Mauritius reduces frequencies to Europe and Asia for the holiday season