Airline

Jet2 earnings climb amid increase in last minute summer bookings

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Jet2 earnings climb amid increase in last minute summer bookings

Jet2 reported an 11% jump in its fiscal year pre-tax profit totalling £577.7 million ($ 787 million). After tax profit rose 12% to £446.8 million ($608.4 million).

“These results reaffirm the enduring appeal, resilience and differentiation of our product offering founded on end‑to‑end customer care, all of which help to create cherished holiday memories for our customers,” said Steve Heapy, Jet2 chief executive.

However, the airline's shares dipped slightly on July 9 after it said in its preliminary report for the financial year ending March 31, 2025, that bookings for summer were continuing to be made closer to departure despite summer seat capacity being revised down for the period. The airline's shares have started to rise again, though still not normalised as of July 10, 2025, 10:50am London time. 

Jet2 said that bookings for April through June have seen a 7% uptick compared to last year, with package holiday customers growing by 4% and flight‑only passengers soaring by 19%.

The report added that customers remained eager to travel overseas if pricing was attractive, and that the company was currently trading in line with market expectations.

The company's revenues were up 15% to £7.17 bn ($ 9.76 bn). The airline flew a record 19.8 million passengers over the period, up 12% on the prior year. The company added that it has completed over 35% of its £250 million ( $ 341 million) share buyback programme launched in April.

This summer, the company expects to operate a fleet of 135 aircraft, up from 126 that were utilised during the same period last year. This include 23 A321neos, with a further pipeline of 132 delivering through to 2035. 

The airline currently operates a fleet comprising of 737-300s, 737-800s, A321s, and A321neos.

Over the coming year, Jet2 expects delivery of ten more A321neos, despite noting that the delivery profile remains under continuous review given aircraft and engine manufacturer supply‑chain constraints.

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