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Jet2 (JET2) investor relations material
Jet2 Q4 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY26 operating profit expected between £435m and £440m, aligning with market expectations and slightly below FY25's £446.5m.
Launch of London Gatwick base in March 2026 incurred £11m in startup costs but is performing ahead of expectations.
Over 0.4m passengers booked for the summer season at the new Gatwick base.
Financial highlights
Total cash at 31 March 2026 stands at £3.3bn, with net cash of £2.0bn.
£363.0m returned to shareholders during the year.
Access to an undrawn £500m revolving credit facility.
Outlook and guidance
Summer 2026 on-sale capacity up 7.7% year-over-year to 19.9m seats.
Booked passengers up 6.2% compared to the prior year, with both package holidays and flight-only segments growing.
Q1 average load factor in line with the prior year; geopolitical uncertainty in the Middle East limits visibility for peak summer and beyond.
87% of summer jet fuel requirement hedged at $707 per metric tonne.
- Record profit, strong cash, and secured fleet growth position Jet2 for continued expansion.JET2
H2 202425 Feb 2026 - Profit and capacity growth remain strong, with Gatwick launch and fleet expansion on track.JET2
Trading Update25 Feb 2026 - Record revenue, profit, and passenger growth drive robust outlook and continued investment.JET2
H2 20258 Jan 2026 - Record revenue, profit, and passenger growth; new Gatwick base and £100m buyback announced.JET2
H1 202619 Nov 2025 - FY25 profit up 9% with £250m buyback; Summer 2025 capacity and cash reserves remain strong.JET2
Trading Update7 Jul 2025 - Record profit and revenue growth, with full-year profit set to surpass forecasts.JET2
H1 202513 Jun 2025 - Jet2 forecasts higher FY25 profits and capacity growth, but faces rising costs and margin pressure.JET2
Trading Update6 Jun 2025
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