Jet2 sees ‘some uplift’ during peak trading

Jet2 sees 'some uplift' during peak tradingSome “uplift” in the travel market during the summer peak has been recorded by Jet2.com and Jet2holidays.

Parent company Dart Group also described early indications for winter 2014/15 bookings as being “satisfactory”.

Chairman and chief executive Philip Meeson said: “In the preliminary results statement of 26 June 2014, I stated that in the early summer months we had found demand for leisure travel to the markets we serve less buoyant than we would have hoped and market pricing weak.

“I am now pleased to say, however, that more recently we have seen some uplift in the market which has been encouraging, although it is still too early to judge whether this will have a sustainable effect on ticket yields.

“In terms of winter 14/15 leisure travel bookings, early indications are satisfactory.”

The company remains optimistic over meeting market expectations for operating profit for the financial year ending March 31, 2015.

A further update will be provided in mid-October following the half-year end.

Sourced from Travel Weekly

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