Jet2 shares nosedive amid ‘financial headwinds’
Shares in tour operator Jet2 had a turbulent time on the stock market this morning despite the group announcing profits for the year will exceed expectations.
In a trading update, the Leeds-based group forecast annual profit to rise by eight to 10 per cent to between £560m and £570m, and said seats sold for the 2024-25 winter season were 14 per cent up on last year. The company confirmed that summer capacity was up 8.5 per cent on last year at 18.6 million seats, with new bases at Bournemouth an... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
