**Summary of Jet2 PLC Half-Year Financial Report (November 2025)**
Jet2 PLC reported strong half-year results for the period ending September 2025, highlighting continued growth, record passenger numbers, and improved profitability. Key highlights include
1. **Financial Performance**
Revenue increased by 5% to £5.34 billion, driven by a 750,000 rise in passengers to 14.09 million (40% <mark style="background-color:yellow">above</mark> pre-pandemic levels).
Operating profit grew by 2% to £715.2 million, with basic earnings per share (EPS) up 8% to 300.4p.
Profit after taxation rose by 1% to £600.2 million.
2. **Strategic Expansion**
Secured slots for a new base at London Gatwick Airport, operational from March 2026, targeting 15 million potential customers.
Continued growth at Bournemouth and London Luton bases, with 23 new Airbus A321neo aircraft operational in Summer 2025.
3. **Operational Resilience**
Strong cash position with £3.35 billion in cash and money market deposits, despite a £250 million share buyback in April 2025.
Announced a new £100 million share buyback program and increased the interim dividend by 2.3% to 4.5p per share.
4. **Customer Focus**
High customer satisfaction levels (over 90%) and net promoter scores in the mid-60s.
Launched Jet2FlightPath, a fully funded pilot training program, and enhanced myJet2 membership benefits.
5. **Sustainability and Innovation**
Committed to environmental initiatives, including collaboration on Sustainable Aviation Fuel (SAF) and airspace modernization.
Piloting AI-driven revenue management system to optimize pricing.
6. **Outlook**
Full-year expectations remain in line with market forecasts, excluding start-up costs for London Gatwick.
Capacity growth planned for Summer 2026, with over 900,000 seats at London Gatwick and measured growth at existing bases.
Jet2 PLC remains confident in its growth prospects, supported by its differentiated service, strong brand, and strategic investments.
