This figure includes Fowler Welch-Coolchain, a 350 vehicle strong distribution business.
... which is just as exposed to the oil price as the airline is.
Haulage is one of the industries that's been worst hit by the higher oil prices in the first 2 quarters.
But the whim of oil prices has largely been covered off contractually across the whole of Dart Group.
Fact is, if you read the statements you'll see that both the airline and FWCC are pulling their weight to varying extents, but the proportion of the total contribution of each company to the overall performance of the main company is bound to spike and wane. That's business.
I imagine those lucrative repatriation contracts arising out of the XL demise will contribute to a spike for Jet2 when actual trading figures are released for this period. Likewise, the current and notable downturn in parts of the fresh food sector may possibly be a hit on FWCC.