Jet2 plc (LSE:JET2) reported continued demand for its leisure travel products, with Summer 2026 seat capacity increasing 7.6% year on year to 19.9 million seats.
Booked passengers for the summer season were 8.8% higher than a year earlier, while the average load factor increased by 1.5 percentage points.
The company also provided an update on its London Gatwick operation and announced plans to transfer its ordinary shares from AIM to the Main Market of the London Stock Exchange.
Gatwick Fleet to Increase to Seven Aircraft
Jet2 said its London Gatwick operation has performed ahead of its initial expectations.
As a result, the company plans to increase the number of aircraft operating from Gatwick to seven for Summer 2027.
For Winter 2026/27, Jet2 plans to increase seat capacity by 8% compared with the previous winter season.
The group said it has hedging arrangements in place covering fuel and foreign exchange exposure.
Jet2 Plans Transfer From AIM to Main Market
Jet2 intends to transfer the admission of its entire ordinary share capital from AIM to the Main Market of the London Stock Exchange.
The company is targeting completion of the transfer before the end of its current financial year.
The board said the proposed move reflects the scale of the group and its growth since joining AIM. According to Jet2, Main Market admission is also expected to increase the company’s visibility among UK and international institutional investors.
The transfer has not yet been completed.
Jet2 Operations
Jet2 plc is a UK-based leisure travel group comprising package holiday business Jet2holidays and airline Jet2.com.
The group operates from 14 UK airport bases. According to the company, more than 63% of passengers flown purchase end-to-end package holidays.
Jet2 said its operations place more than 90% of the UK population within a 90-minute drive of one of its airport bases. The company reported compound annual revenue growth of 19% over the past decade and customer satisfaction levels above 90%.
Leave a Reply