Originally Posted by
ford cortina
Jet2 don't have this, but if they start to struggle, how long will Dart keep bailing them out,
i don’t often jump to Jet2’s defence but UHM WHAT PLANET ARE YOU ON.
A quick goggle
Revenue has grown by 16 per cent in the half-year results for Dart Group, the listed company behind Jet2 and Jet2holidays.
Leeds-headquartered Dart Group reported revenue of £2.62bn for the half year ended 30 September 2019, up from £2.25bn in the same period of 2018.
Profit before taxation also increased to £339.7m from £331.7m the year before.
The dart group are made up of essentially 2 parts. Jet2 and Fowler Welch.
from the same article
Profitability from the group's Distribution and Logistics business grew by 23 per cent to £2.7m
So 339.7 minus 2.7 means Jet2 has made 337 million pounds profit in half a year. Let me say that again 337 million PROFIT in 6 months. What part of the Dart group will be “bailing out” the airline. The logistics arm that made less than 1/100th of the total profit of the entire group???
In the whole year easyjet made £90 million more profit than Jet2 did in 6 months.