9-Aug-2012 3:02 PM

Jet2.com profit down 12% in FY2012

Dart Group reported (07-Aug-2012) the following financial highlights for its Jet2.com subsidiary for 12 months ended 31-Mar-2012:

  • Revenue: GBP461.3 million, +25% year-on-year;
  • Operating costs: GBP439.6 million, +27%;
  • Operating profit: GBP21.7 million, -12%;
  • Scheduled passenger numbers: 4.3 million, +27%;
  • Load factor: 87%, +2 ppts;
  • Retail revenue per passenger: GBP27.86, +7.8%.

Looking ahead, the group expects the carrier to increase passenger numbers by 10% in FY2013. In FY2012, Jet2.com operated 145 routes from its nine Northern bases to 49 destinations.

Dart Group: “We have expanded Jet2.com’s flying programme by 10% for summer 2012, although margins remain challenging in this sector.” Source: Company statement, 07-Aug-2012.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More