Jet2 delivers ‘robust’ full-year results

Jet2 has announced that its revenue jumped by 15% to £7.17bn in the year to 31 March.

The airline and package holiday firm said it had made further progress in its growth strategy, as its total flown passengers increased by 12% in this period to 19.8 million, while its margin per passenger packager holiday customers rose by 8% to 6.6 million.

Jet2’s profit before tax increased by 12% in this period to £593.2m, while its operating profit jumped by 4% to £446.5m.

The airline has also recorded a 13% increase in its final dividend per share, jumping from 10.7 pence in March 2024 to 12.1 pence in 2025.

Chief executive officer at Jet2, Steve Heapy, said: "These results reaffirm the enduring appeal, resilience and differentiation of our product offering founded on end-to-end customer care, all of which help to create cherished holiday memories for our customers. The strength of our proposition, delivered by colleagues who are dedicated to providing award-winning customer first service, will enable us to fulfil our long-term strategy: To be the UK's leading and best leisure travel business."

Looking ahead, Jet2 said it is currently trading in line with market expectations and is set to hit a profit before tax of £579m in the 2026 financial year.

The latest results come as the airline launched a £250m share buyback scheme in April, which is currently over 35% complete.

However, Jet2 stated that it remains mindful of the late booking profile which limits forward visibility and the evolving geopolitical and economic landscapes.

Despite the positive results for the 2025 financial year, shares in Jet2 fell by over 7% earlier today.

Investment analyst at AJ Bell, Dan Coatsworth, said that while the firm has delivered a "robust set of full-year results", headwinds for the current financial year have prompted "some turbulence in the share price".

He added: "Customers are leaving it later to book and are being more driven by price after a period following the pandemic when some seemed prepared to prioritise their week in the sun whatever the cost. Although it is trading in line with expectations, management is reticent to provide firm guidance on profit for the current financial year and that rings alarm bells for the market.

"Jet2 has seen considerable volatility in oil prices of late and has worked to establish some certainty around a key element of its cost base by hedging its fuel exposure. While clearly not immune to the challenges facing the wider sector, Jet2’s focus on customer service is creating significant loyalty to the brand and lends credibility to its ambition to be the UK’s leading leisure travel business."



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