Jet2 to fly from London Stansted
Jet2.com will make London Stansted its ninth UK base next spring.
The announcement was made today by its parent company Dart Group, although no details were given about the size of the operation.
The group also warned that its operating profit will be ‘slightly behind current market expectations’ due to the ‘significant investment’ to launch its Stansted base alongside its recently announced base at Birmingham Airport.
It said due to the investment, operating profit will be slightly lower than forecast despite the good trading performance achieved in the year to date.
"We believe that London Stansted has great potential for our holiday business, serving the populations of North and East London and the East of England," said Philip Meeson, group chairman and chief executive, who unveiled the plans at the company’s Annual General Meeting today.
Meeson also told shareholders the demand for summer leisure travel is showing no signs of slowdown.
"Demand for our higher margin package holiday products continues to grow and as a result the number of package holiday customers, as a proportion of total departing customers, is also increasing," he said.
"Though airline ticket yields and load factors are slightly lower than those achieved in summer 2015, this is against a backdrop of a 13% increase in seat capacity. Leisure travel bookings for winter 2016/17 are satisfactory at this early stage."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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