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Old 20th Apr 2015, 14:39
  #2407 (permalink)  
Leeds Spotter
 
Join Date: Jan 2013
Location: Leeds u.k.
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Just returned to this site after quite an absence and read the last half dozen pages of this Jet2 thread.
During my absence my Dart shares have doubled in value as the city seems very happy with their financial figures, which were topped of last week with the announcement that JEt2 holidays now carrying over a million passengers a year, again great figures.
I am also happy to see a large number of pilots have been laid off, quite sensible surely when only half the fleet flown in the winter months, this would seem to me as a layman you only need half the number of pilots, I would be alarmed if they all remained on the payrole.
Flybe recent figures stated they were still having to use fuel forward contracts taken out at over 100 dollers a barrell until next year, when the contacts taken out early this year at 45 dollars come in to play, this will make Jet2 etc even more profitable, great for us shareholders, assuming they are running a similar forward contract basis.
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