As far as I can see the 2007 interim report states underlying pretax profits for the 1st 6 months were 12.2 million last year, compared to an estimate of over 30 million this year.
Also, I would imagine that a lot of money was lost during last winter following the 'growth spurt', resulting in reduced annual profits. It will be interesting to see how this winter goes, but I suspect that with ongoing charters and a very focused flying programme, despite the downturn, Jet2's results are going to be pretty good.
