Jet2 plc is a UK-based travel company offering package holidays and flights to destinations across Europe. Its airline, Jet2.com, flies to around 65 sun, city, and ski locations. Its holiday brand, Jet2holidays, provides all-in-one packages that include flights, hotels, baggage, and transfers. It also offers villa holidays, city breaks, luxury options, and trips for younger travelers through its VIBE brand.
Positives |
Has generated £3.1 billion over the past three years, allowing it to repay debt and invest in growth |
A growing share of revenue comes from holiday packages, which are more profitable than flight-only bookings. |
Strong financial position with a solid balance sheet and large cash reserves. |
Negatives |
Highly-competitive sector of the market where customers often choose based on price rather than brand. |
Rising fuel costs could reduce profit margins. |
Concerns about over-tourism in popular destinations like Barcelona and Venice may impact demand. |