Jet2 AIM:JET2
- Founded
- 1983 · Leeds, England
- Incorporated
- United Kingdom
- Chief executive
- Steve Heapy
- Employees
- 15,205
- Reports in
- GBP
- Companies House
- 01295221
The UK's largest tour operator and third-largest airline, selling Jet2holidays package holidays and Jet2.com flights from northern UK bases to European leisure destinations. Grew from the Channel Express air cargo business acquired by Philip Meeson in 1983; renamed from Dart Group in 2020. The largest company on AIM by market value.
Read straight from the annual reports
1,432p at close on 2 Oct 2026 · 12 reported years, 2015–2026
| Line | FY201503/15 | FY201603/16 | FY201703/17 | FY201803/18 | FY201903/19 | FY202003/20 | FY202103/21 | FY202203/22 | FY202303/23 | FY202403/24 | FY202503/25 | FY202603/26 | FY2027unreported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | later 2,380 | later 2,964 | |||||||||||
| Operating profit | later 126.2 | ||||||||||||
| Adjusted operating profit | — | — | — | — | — | — | — | — | — | ||||
| Exceptional items | — | — | — | — | — | — | — | — | |||||
| Net finance cost | later 40.3 | vs 5.8 | |||||||||||
| Profit before tax | later 130.2 | later 166.5 | |||||||||||
| Adjusted profit before tax | — | — | — | — | |||||||||
| Tax charge | |||||||||||||
| Profit for the year | later 107.1 | later 139.9 | |||||||||||
| EBITDA | |||||||||||||
| Adjusted minus statutory PBT | — | — | — | — | |||||||||
| Basic EPS | |||||||||||||
| Diluted EPS | |||||||||||||
| Adjusted EPS | — | — | — | — | — | — | — | — | — | — | — | ||
| Dividend per share |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
12 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Seat capacity and passenger volume growth
Total seat capacity increased 13% to 22.29m (2024: 19.73m); flown passengers grew 12% to 19.77m (2024: 17.72m) at an average load factor of 88.7%
page 28Package holiday customer growth (higher absolute margin per passenger)
Package holiday customers grew 8% to 6.58m (2024: 6.08m), accounting for 66.5% of total passengers flown
page 20Hotel accommodation cost inflation
Hotel accommodation costs increased 21% to £2,971.6m, driven by 8% growth in package holiday customers plus supply-led inflation in wages, food and energy and a mix shift to higher star-rated hotels
page 29Staff cost growth
Staff costs rose to £841.8m (2024: £744.1m) due to a 5.5% pay award, incremental headcount, ROC's first full year of operations, and investment to support Summer 2025 growth including two new bases
page 29We recently announced the launch of a share buyback programme of up to £250m, with the first tranche of £125m commencing on 29 April 2025 ... we believe we are poised for an exciting future and moving forward, we will remain true to our People, Service, Profits philosophy ... will enable us to fulfil our long-term strategy: To be the UK's Leading and Best Leisure Travel business.
page 5On 29 April 2025, Jet2 plc launched an on-market share buyback programme of up to £250m; shares purchased will be cancelled
page 167Final dividend of 12.1p per share proposed (2024: 10.7p), bringing total dividend for FY2025 to 16.5p per share (2024: 14.7p), a 12% increase; an interim dividend of 4.4p was already paid during the year (2024: 4.0p). The final dividend is subject to shareholder approval at the AGM on 4 September 2025 and payable 22 October 2025 to shareholders on the register at close of business 19 September 2025 (ex-dividend date 18 September 2025).
page 149KPMG LLP issued an unmodified/unqualified audit opinion. Key audit matters were revenue recognition (Group) and aircraft depreciation (Parent). On going concern, the Directors modelled a base case (full flying programme, fleet of 135 aircraft, 8% seat capacity growth) and a downside scenario (load factors reduced to 70% from August 2025 with no new-aircraft funding available); closing cash and money market deposits were £3,155.8m at 31 March 2025. Both the Directors and the auditor concluded there is a reasonable expectation the Group has adequate resources to continue as a going concern for at least 12 months from the 8 July 2025 approval date, with no material uncertainty identified, and forecast RCF covenant compliance with significant headroom.
page 122- Health, safety and security — failure to prevent or deal effectively with a major safety incident on the ground, in the air or in resort, including security-related threatsp.39
- Competition — from tour operators, online travel agents, low-cost airlines and new market entrants, potentially reducing profitability or market sharep.40
- Climate and sustainability — impacts of extreme weather on destinations, slow pace of decarbonisation technology, and onerous/inconsistent government climate policyp.41
- Economic conditions — a significant rise in unemployment could impact demand for leisure travel; also affects viability of hotel supplier partnersp.42
Read from C000705-AR-2026-website.
11 annual reports read, FY2016 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (10), Company website (1)
FY2027Next report expected 29 Jul 2027