Jet2.com reveals 2011 expansion plans
AIRLINE Jet2.com is planning new services for next summer and insists it has weathered the disruption caused by the volcanic ash cloud earlier this year.
Dart Group, the Yorkshire-based owners of the airline, revealed key measures of the airline business’s success were in positive territory despite the problems.
Speaking after Dart’s annual general meeting, chairman and chief executive Philip Meeson said: “Fowler Welch-Coolchain, our distribution business, has continued to deliver revenue growth although operating margins have been under some pressure.
“The aviation business has delivered both higher load factors and yields than last year in its scheduled flying operations, despite the disruption to the business caused by the volcanic ash cloud, with continued growth in Jet2holidays.
“Jet2.com continues to expand the number of leisure routes it serves, with further growth planned for summer 2011.”
He added: “Overall, the business is trading ahead of current market expectations.”
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The positive note sounded by Jet2.com defies the gloomy sentiment from much of the aviation industry and comes in the wake of Ryanair’s decision to expand its operation at Leeds-Bradford Airport.
Ryanair is expanding its winter schedule to 13 flights despite cutting back operations elsewhere, including a decision earlier this week to close its Belfast base.
