22-Jun-2012 1:33 PM

Jet2.com operating profit down in FY2012

Dart Group reports (21-Jun-2012) the following financial highlights for the 12 months ended Mar-2012:

  • Revenue: GBP683 million, +25.8% year-on-year;
    • Jet2.com: GBP416.1 million, +18.5%;
  • Operating costs: GBP654.5 million, +26.8%;
  • Operating profit: GBP28.5 million, +5.9%;
    • Jet2.com: GBP21.7 million, -11.8%;
  • Profit/loss before tax: GBP28.1 million, +7.3%;
  • Net profit: GBP22.7 million, +31.2%;
  • Passenger numbers: 4.3 million, +27%;
  • Load factor: 87%, +2.0 ppts. [more – original PR]

Dart Group: “In the year to 31-Mar-2012, Jet2.com operated 145 routes from our eight Northern bases to 49 destinations. We flew 4.3 million scheduled service passengers and sold over 200,000 package holidays. We expect to increase our passenger numbers by approximately 10% and to double the number of package holidays sold in the current financial year,” Source: Company statement, 21-Jun-2012.