Creditable performance, but next year will be tough
With out a post XL event and the flood of money from the CAA that comes with it, together with the arrival of Ruinair at its cash cow base at LBA i think for now they have reached their peak in term of returns.
Of course there are many loyal Jet2 customers who will re book and not look at Ryanair, but Ryanair adds are going up all over Yorkshire right now and with very low lead in prices. This wont kill Jet2 of course but what it will do is reduce pax volume going into 2010 when pax number due to unemployment are still expected to down.
220+ on a 757 is great 140 less so, do the math's (or math?) 186 on 737-900 v the same on a 757
The new contract T&C 70/30 will help cut cost over the Summer, at least whilst the job market is crap