Jet2 warns high inflation to undermine profit margins, shares plunge
Britain's Jet2 said on Wednesday that profit margins were likely to come under pressure this year as high inflation is increasing costs and causing consumers to rein in their spending on holidays. Its shares tumbled about 10%.
Jet2 shares plunge as travel firm warns of 'pressure' on profits and rising costs
The travel company, which also warned of the delayed delivery of new planes, said it expects the consumer environment to remain challenging in the near term
Jet2 shares slump on warning of later bookings and higher costs
Jet2 bosses are seeing a trend towards later bookings. Shares in stock market darling Jet2 lost 10% of their value today as it warned that cash strapped holidaymakers are delaying
Jet2 shares plummet as boss warns of pressure on margins
The boss of Jet2 has warned the holiday group's profit margins could come 'under some pressure' this year, amid higher costs and fragile consumer strength.
Jet2 Warns Profits To Come Under Pressure
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Jet2 Warns on Profit Amid Late-Booking Trend
Jet2 said it expects an 8% to 10% increase in profit before foreign-exchange revaluation and taxation for the year ending March 31 of between 560 million and 570 million pounds ($706.4 million-$719 million). The company had previously guided for a figure ahead of market expectations of 541 million pounds.
Jet2 issues warning as passengers change their holiday habits
In a press conference Jet2 officials revealed that bookings for April, May and June are up about 7% compared with last year, ...
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Jet2 forecasts profits to rise in 2025 but warns of headwinds as costs increase
Jet2 is forecasting that profits will rise in 2025 but has also issued a warning of headwinds ahead as costs increase.
Jet2 adds Copenhagen and Vienna flights from Leeds Bradford
Jet2.com and Jet2CityBreaks have added more Copenhagen and Vienna flights for Winter 2025/26 from Leeds Bradford Airport.
Jet2 expects 8-10% annual profit jump on higher winter bookings
BENGALURU - British travel company Jet2 on Wednesday forecast annual profit to rise by 8%-10%, and said seats sold for the ...
Jet2 PLC (DRTGF) Receives a Buy from RBC Capital
In a report released today, Ruairi Cullinane from RBC Capital reiterated a Buy rating on Jet2 PLC (DRTGF – Research Report), with a price ...