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Jet2 shares plunge as travel firm warns of 'pressure' on profits and rising costs

Summary by The Business Times
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 Shares in Jet2 have fallen by 10% as the travel titan flagged up surging hotel and flight expenses, alongside a delay in the delivery of new aircraft for the summer period. The boss of the company, which operates both airline Jet2.com and holiday package provider Jet2holidays, has hinted tha…
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The Business TimesThe Business Times

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 Shares in Jet2 have fallen by 10% as the travel titan flagged up surging hotel and flight expenses, alongside a delay in the delivery of new aircraft for the summer period. The boss of the company, which operates both airline Jet2.com and holiday package provider Jet2holidays, has hinted tha…

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aerotime.aeroaerotime.aero

Jet2 forecasts profits to rise in 2025 but warns of headwinds as costs increase

Jet2, the UK’s second-largest airline in terms of passengers carried annually, has raised its profit projections for 2025 although has also warned that rising costs and delays to the delivery of new aircraft could place pressure on its future profitability. The Leeds, UK-based Jet2 Group includes leisure airline Jet2.com plus its associated in-house inclusive tour operator, Jet2 Holidays. In a financial update statement issued on February 19, 20…

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TTGTTG

Jet2 predicts 10% profit lift, but warns of pressure on margins in coming year

Jet2 says it is on course for an 8-10% increase in profits this year, but has also warned its next financial year – beginning as the summer season commences – could see a squeeze on margins

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northernfinancialreview.comnorthernfinancialreview.com

Jet2 sees higher FY25 profit, but shares fall on outlook – Northern Financial Review

Shares of Leeds-based Jet2 plc fell as much as 10% after it published a trading update saying it expects an increase in profit for the year to March 31, 2025 — but warned that inflationary input cost pressures and later bookings may mean profit margins in the year ahead come under some pressure. The firm said: “Assuming no material extraneous events in the remainder of the financial year, and given the prevailing trends, the board expects to rep…

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northernfinancialreview.com broke the news in on Wednesday, February 19, 2025.
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