All Jet2.com articles – Page 2
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NewsUK carrier Jet2 to post loss of up to £385m for pandemic-hit year
UK leisure carrier Jet2 expects to post a group loss of between £375-385 million ($521-535 million) for for the 12 months ended 31 March 2021, a year in which its activities have been heavily curtailed by pandemic travel restrictions.
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Analysis
Eyes on UK for first signs of European air travel recovery
The real test is ahead; as the region moves towards the middle of the year and the crucial June-August holiday season, will markets begin to open up and genuine recovery momentum build?
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News
UK travel-restart plan prompts Jet2 to extend flight suspension
The UK government’s announcement of a framework to reopen international air travel to and from England has immediately prompted Jet2 to extend its suspension of flights until 23 June, amid what it calls a “frustrating” lack of clarity.
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News
Jet2 to receive £200 million UK government loan
Jet2 is to access a loan of £200 million ($278 million) from the UK government’s Covid Corporate Financing Facility (CCFF).
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News
Jet2 raises £422m to guard against ‘unpredictable shutdown’
Jet2 has raised £422 million ($582 million) through an equity issue aimed at ensuring it has sufficient liquidity in the event of an “extended and likely unpredictable shutdown”.
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News
UK airline leaders call for support and exit plan as borders tighten
The chief executives of several UK airlines have issued a joint call for the country’s government to outline an “urgent roadmap” for the reopening of air travel, while at the same time demanding an aviation support package “that recognises the urgency and scale of the danger now facing our sector”.
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News
Jet2 suspends flights until late March
UK airline Jet2 is extending its suspension of all flights up to and including 25 March because of the “ongoing uncertainty and travel restrictions caused by the Covid-19 pandemic”.
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News
Jet2 sees winter capacity at half previous-year levels
UK leisure carrier Jet2 expects its winter seat capacity to be about half the levels of last year amid the continued impact of the pandemic after today posting an operating loss of £111.2 million ($147.3 million) for the six months to September 2020.
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News
UK leisure carrier Jet2 to open Bristol base
UK leisure carrier Jet2 is to launch a base at Bristol airport and will offer 29 destinations next summer.
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News
‘All airlines are going bankrupt’: UK industry body chief
UK airlines desperately need a coronavirus testing regime in place avoid a “really, really bleak winter” for the industry, according to Tim Alderslade, chief executive of Airlines UK.
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News
Jet2 sees winter bookings slow but bright picture for summer 2021
UK leisure carrier Jet2 is hopeful of offering capacity close to 2019 levels next summer after citing encouraging forward bookings for the period.
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News
Cockpit union proposals fail to avert Jet2 pilot cuts
Cockpit union efforts to dissuade UK holiday carrier Jet2 from shedding over 100 pilots across its various bases appear to have failed. Jet2 had warned a few weeks ago that it was looking at cutting pilot numbers after reducing its activity in the face of the air transport downturn. ...
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News
Jet2 parent has ‘sufficient liquidity’ for a year without flights
UK leisure carrier Jet2’s parent company Dart Group has concluded from a modelling exercise that it would have “sufficient liquidity” for a scenario in which no flights could be operated until August of next year.
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News
Jet2 ‘confident’ demand will return as full-year profit slides
UK leisure carrier Jet2’s parent company, Dart Group, has reported a 10% decline in full-year pre-tax profit but is “confident” demand will return and “encouraged” by bookings for next summer.
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News
Jet2 postpones flight resumption to 15 July
UK leisure carrier Jet2 has again pushed back the date for restarting flight operations, as a result of Covid-19-related travel restrictions.
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News
Jet2 parent to focus on airline after selling logistics business
UK budget carrier Jet2’s parent, Dart Group, has sold its sister logistics business to investor Culina Group. The divestment of Fowler Welch, for a gross cash consideration of £98 million, leaves Dart Group able to concentrate exclusively on the leisure airline operation. Jet2 is based at Leeds Bradford ...
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News
Jet2 pushes back resumption of flights to 1 July
UK budget carrier Jet2 will restart operations on 1 July, having previously said it would begin flying again on 17 June.
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News
Jet2 owner accesses £300m UK government loan
Jet2’s parent company has qualified for a £300 million ($366 million) loan from the UK government’s Covid Corporate Financing Facility (CCFF).
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News
Jet2 expects £109m coronavirus hit and cancels 12 aircraft leases
UK leisure carrier Jet2 expects to take a £109 million ($135 million) hit from suspending operations during the coronavirus pandemic, and has cancelled plans to lease 12 aircraft for the summer season. The airline’s parent company, Dart Group, says in a disclosure to the London Stock Exchange that ...
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News
Jet2 extends operational shutdown to mid-June
UK leisure carrier Jet2 is now aiming to resume operations on 17 June, after it previously cancelled all flying until 1 May.
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