Jet2 4
Join Date: Nov 2014
Location: Tyne and Wear
Posts: 172
Likes: 0
Received 0 Likes
on
0 Posts
Rumours?!?.....
but I can say he knows bugger all about Jet2.
I really hope Jet2_738 didn't use super glue to stick his jet2 Boeing posters to his wall....
Jet2 and Jet2holidays are both very profitable, and if that means at the moment they have to use older frames, then so be it. It might be that their business model means they don't touch the south, unlike FR and EZY, who have seen that flying from London is going to earn them £££. I would rather see a 28yr old Jet2 733 come into NCL, than a brand sparkly new EZY Airbus A320 any day. That said, as LS are becoming increasingly profitable, rumour has it (have you found out what a rumour is yet, Jumbo2?) that they are looking into buying some new frames.
Join Date: Aug 2007
Location: north yorkshire
Posts: 272
Likes: 0
Received 0 Likes
on
0 Posts
Half Year Results
Underlying Group operating profit increased 10% to £89.4m (2013: £81.2m) and underlying profit before tax by 14%, to £88.7m (2013: £78.1m).
After accounting for an exceptional provision of £17.0m, in relation
to possible passenger compensation claims, which may be payable in certain circumstances, for historical flight delays under EU Regulation 261, Group profit before tax, fell by 8% to £71.7m.
Jet 2 accounted for all but £2.1m of the profit.
Will do me!!
After accounting for an exceptional provision of £17.0m, in relation
to possible passenger compensation claims, which may be payable in certain circumstances, for historical flight delays under EU Regulation 261, Group profit before tax, fell by 8% to £71.7m.
Jet 2 accounted for all but £2.1m of the profit.
Will do me!!
It seems there may be a disgruntled employee or two posting on here. If they don't like the company then they should leave.. Although I guess they may do forcefully eventually given the social media policy..
Join Date: Oct 2014
Location: England
Posts: 5
Likes: 0
Received 0 Likes
on
0 Posts
I have just checked and apparently all those on here bad mouthing Jet2 actually dont have to fly on them! Its not compulsary. Who knew? So maybe you can leave this airline alone to get on with the job they are doing very well of providing cheap flights and holidays for lots of happy customers in the North of England. I am one of them. Never had a bad experience with them, and i don't go crying to my mum if i don't have a brand new plane to fly on. 
Join Date: Mar 2015
Location: Exeter
Age: 59
Posts: 161
Likes: 0
Received 0 Likes
on
0 Posts
Wow. Seems to be a couple of different new posters using very similar language posting about the sheer amazement of this wonder company who has similar margins, growth and LFs of their competitors despite being a summer only operation.
For every jet2 knocker there is a fan but the Dart Group's financial results are available here:
http://www.dartgroup.co.uk/uploadedF...terim-2014.pdf
So everybody can decide for themselves
http://www.dartgroup.co.uk/uploadedF...terim-2014.pdf
So everybody can decide for themselves
Join Date: Mar 2015
Location: Exeter
Age: 59
Posts: 161
Likes: 0
Received 0 Likes
on
0 Posts
I do apologise, 'essentially summer only' would be more accurate.
I've looked at their figures and compared them to U2 and FR and I must admit I don't see what's so stellar about LS's performance. This is despite the other two having a much more comprehensive winter programs along with the hit in LFs, yields and winter losses that they both incur.
From what I can see there are twice as many seat only pax as there are holidays passengers which seems at odds with what I've read on here and would give weight to the arguement that LS is a LCC who sells some seats to the in house holiday company and that it is not a holiday airline and comparing them to U2/FR and not TOM/TCX would be more appropriate.
Maybe I'm reading it wrong. Can someone spell it out for me? Is LS 'highly profitable' as has been mentioned here previous? It seems U2 manage to make an extra £1,000,000 per aircraft more than LS and I would suspect FR even more.
I've looked at their figures and compared them to U2 and FR and I must admit I don't see what's so stellar about LS's performance. This is despite the other two having a much more comprehensive winter programs along with the hit in LFs, yields and winter losses that they both incur.
From what I can see there are twice as many seat only pax as there are holidays passengers which seems at odds with what I've read on here and would give weight to the arguement that LS is a LCC who sells some seats to the in house holiday company and that it is not a holiday airline and comparing them to U2/FR and not TOM/TCX would be more appropriate.
Maybe I'm reading it wrong. Can someone spell it out for me? Is LS 'highly profitable' as has been mentioned here previous? It seems U2 manage to make an extra £1,000,000 per aircraft more than LS and I would suspect FR even more.
Last edited by mockingjay; 8th Apr 2015 at 08:10.
Join Date: Aug 2007
Location: West Yorkshire
Posts: 635
Likes: 0
Received 0 Likes
on
0 Posts
Hmm...Airlines are like types of coffee or beer..entirely subjective views will be found. However in the case of one or two, the vitriol tends on the side of having received their PFO letters either recently or in the past...
Park your chips guys..thanks
Park your chips guys..thanks
Join Date: Dec 2012
Location: leeds
Age: 77
Posts: 287
Likes: 0
Received 0 Likes
on
0 Posts
There are (at least) three types of traffic on Jet 2--- seat only passengers booked directly, Jet 2 Holidays passengers and passengers carried for other tour operators--look at the brochures. My guess is that all three categories are important components of their business model.
Lets not forget Royal Mail, which I guess is a valuable revenue stream and keeps things ticking over during the quieter months.. It also explains the age of some of the fleet due to the QC requirements..
Join Date: Nov 2014
Location: Tyne and Wear
Posts: 172
Likes: 0
Received 0 Likes
on
0 Posts
Yes, the average fleet age is held down a little because of the QC's, but they're unique, and you're right pug, it is something to keep going during the quiet winter period. Thums up to dreamair's comment further up ^.
In response to mockingjay, Jet2 and Jet2holidays run in unison, and on the same booking system. Jet2 don't sell seats to Jet2holidays, but as they run on the exact same booking system, it means that Flight Only and Holiday pax figures can appear rather different to other airlines.
The difference between LS and EZY is that EZY are now a European wide operation, which means they operate flights from foreign airports to foreign airports, just like FR. Jet2's business model is somewhat different, in the way that they only fly UK-DESTINATION-UK, and not sectors within Europe. Because they only from the UK, they really only serve passengers going on holiday, or maybe a few from Spain wanting to come to the UK. EZY serve a whole European market, and because their business model, like FR, is purely LCC, they tend to earn that bit more.
In response to mockingjay, Jet2 and Jet2holidays run in unison, and on the same booking system. Jet2 don't sell seats to Jet2holidays, but as they run on the exact same booking system, it means that Flight Only and Holiday pax figures can appear rather different to other airlines.
The difference between LS and EZY is that EZY are now a European wide operation, which means they operate flights from foreign airports to foreign airports, just like FR. Jet2's business model is somewhat different, in the way that they only fly UK-DESTINATION-UK, and not sectors within Europe. Because they only from the UK, they really only serve passengers going on holiday, or maybe a few from Spain wanting to come to the UK. EZY serve a whole European market, and because their business model, like FR, is purely LCC, they tend to earn that bit more.
Join Date: May 2009
Location: GLA
Posts: 80
Likes: 0
Received 0 Likes
on
0 Posts
In response to mockingjay, Jet2 and Jet2holidays run in unison, and on the same booking system. Jet2 don't sell seats to Jet2holidays, but as they run on the exact same booking system, it means that Flight Only and Holiday pax figures can appear rather different to other airlines.
Join Date: Mar 2015
Location: Exeter
Age: 59
Posts: 161
Likes: 0
Received 0 Likes
on
0 Posts
Jet2_738
You earlier claimed that Jet2 and Jet2holidays are 'highly profitable'. Given the margins and the figures I think 'in line with the competition' would be a lot more realistic. No?
Perhaps once easyJet Holidays has been operating and we have figures for them it will be possible to make a fairer comparison. Same with Ryanair who I believe are starting their own holiday operation at some point.
Perhaps once easyJet Holidays has been operating and we have figures for them it will be possible to make a fairer comparison. Same with Ryanair who I believe are starting their own holiday operation at some point.
Join Date: Jan 2002
Location: UK
Posts: 182
Likes: 0
Received 0 Likes
on
0 Posts
Give Mockingjay a cigar! Who has sussed that this company actually isn't that great success it's "bigged" up to be by those stuck on Planet Jet2 (I don't include all the Airliner World readers as it's constantly proved they know nothing!) if you look deeper into the numbers! And just where does it go from here?!? Oh I'm sure Jet2_738 will come up with a theory...
It's certainly not a great success when considering employee satisfaction...
It's certainly not a great success when considering employee satisfaction...
Join Date: Apr 2015
Location: Northumberland
Posts: 51
Likes: 0
Received 0 Likes
on
0 Posts
What I'd really like to know is having never flown on Jet2 before, we've taken the plunge and booked one of their "Jet2 Holidays", from Ncl to Pisa (Florence) for August.
The only downside is the age of the aircraft that is really giving me cause for concern. Making me nervous a tad.
The only downside is the age of the aircraft that is really giving me cause for concern. Making me nervous a tad.