UK leisure carrier Jet2 is exercising caution over its winter schedule, trimming its capacity for the season in response to consumer uncertainty.

The airline states that a closer-to-departure booking trend has “become more pronounced” since its trading update in early July.

While the airline still expects to turn in a strong full-year profit, it says the EBIT figure is forecast to be “towards the lower end” of the consensus of £449-496 million ($603-667 million).

The company achieved EBIT of £446 million for 2024-25.

Jet2 is trimming its winter seat capacity by 3% from the previous plan, although the total offered will still be an increase of 9% over last winter.

It adds that, along with the decision to “exercise capacity discipline”, it will also “maintain attractive pricing”.

Jet2-c-Jet2

Chief executive Steve Heapy says the company is operating in a ”difficult market” but stresses that it has a “proven business model” along with a “loyal customer base”.

He adds that the carrier is able to manage capacity flexibly.

”We believe that these factors provide the foundation for a solid financial result this year and for further profitable growth in the years to come,” he says.

Jet2 says it is unable to provide definitive guidance over its full-year profitability, given the later booking profile and the fact that it still has much of its winter capacity still to sell.





Source link

Posted in
Uncategorized
Related Posts
Limousine Comments are Closed

Plan the perfect NYC Memorial Day weekend

Pack only what you need and avoid overpacking to streamline the check-in and security screening…

News Comments are Closed

LA’s worst traffic areas and how to avoid them

Consider using alternative routes, such as Sepulveda Boulevard, which runs parallel to the 405 in…

Saab discussing extra production hub to support Ukrainian Gripen E purchase

Saab is already looking at ways of significantly increasing production of its Gripen E fighter…

Denmark, Germany and NATO among sales prospects for GlobalEye surveillance aircraft, Saab chief executive says

European interest in Saab’s GlobalEye surveillance aircraft is continuing to build, as the Swedish company…

Ukraine exploring purchase of Bell AH-1Z attack and UH-1Y utility helicopters

Ukraine has signed a letter of intent with rotorcraft manufacturer Bell exploring the purchase of…

Italy plans to restore lapsed maritime patrol capability with six-aircraft buy

Italy has outlined plans to acquire six new maritime patrol aircraft capable of performing anti-submarine…

Stockholm Arlanda takes advantage of ‘EoR’ concept to increase parallel approach efficiency

Stockholm Arlanda is claiming to be the first European airport to introduce a concept intended…

Norway presses ahead with defence helicopter acquisitions, as talks continue with UK on ASW assets

Norway continues to analyse the options for a future anti-submarine warfare (ASW) helicopter to equip…

Airbus Helicopters open to H225 Super Puma’s return for oil and gas operations

Airbus Helicopters is seeing renewed interest in its H225 Super Puma for offshore operations, almost…

Baykar’s Kizilelma UCAV soars through Aselsan AESA radar integration and weapons testing

Baykar Technologies’ Kizilelma unmanned combat air vehicle has been flown for the first time with…

EASA foresees sufficient production capacity to meet EU’s 2030 sustainable fuel target

Sustainable aviation fuel in the European Union only accounted for 0.6% of the total uplift…

Post a comment

Your email address will not be published.