Yorkshire-based tour operator Jet2 has achieved record revenue and profits as the demand for its leisure services continues to rise. For the 12-month period ending in March, Jet2 reported a 15% increase in revenue, reaching £7.2bn, while pre-tax profit rose by 12% to £593m.
The company saw significant growth across both its flight-only and package holiday offerings. Flight-only passengers grew by 18%, reaching 6.62 million, while package holiday customers increased by 8%, totalling 6.58 million. Overall passenger numbers were up by 12% compared to the previous year.
Earlier this year, Jet2 initiated a £250m share buyback programme, of which 35% has already been completed. The company remains on track to achieve its long-term growth objectives, with bookings for Summer 2025 still trending strong despite being made closer to departure.
In line with its performance, the board declared a final dividend of 12.1p per share, reflecting a 13% increase.