Jet2 (AIM:JET2) expects operating profit for the year ended 31 March to be between £435m and £440m, in line with current market expectations.
This includes £11m of promotional and resourcing start‑up costs associated with the launch of the London Gatwick base, and the Group reported total cash of £3.3bn, net cash of £2bn and access to an undrawn £500m revolving credit facility, having returned £363m of capital to shareholders during the year.
"FY26 was another strong year for Jet2, topped off by the successful launch of operations at London Gatwick which is performing ahead of our initial expectations with over 0.4m passengers booked for the summer season," Steve Heapy, Chief Executive Officer.
Looking to FY27 the Group said on-sale capacity for Summer 2026 is 7.7% higher than Summer 2025 at 19.9m seats, booked passengers are up 6.2% with both package holidays and flight-only showing growth, Q1 combined average load factor is in line with the prior year, bookings have moved closer to departure since the Middle East conflict and 87% of summer fuel requirement is hedged at an average $707 per metric tonne.
The Group will announce its Preliminary Results for the year ended 31 March on 8 July.
