Jet2 Warns of Rising Costs and Profit Pressures

Higher operational expenses and delayed aircraft deliveries challenge the UK holiday airline's margins despite increased bookings.

Jet2 anticipates profit margins will tighten due to inflationary cost increases in hotel accommodations, aircraft maintenance, and airport charges.
Delayed Airbus A321neo deliveries will result in additional expenses to cover aircraft gaps during the peak summer season.
The company faces £25 million in annual costs from increased employer national insurance contributions and minimum wage hikes, alongside £20 million for sustainable aviation fuel requirements.
Bookings for April to June 2025 have risen 7% compared to last year, with flight-only customers increasing by 19% and package holiday customers up 4%.
Jet2's shares dropped over 10% after the announcement, reflecting investor concerns over cost pressures and profit guidance below market expectations.