Jet2 4
EK7.... Just had an e mail pushing Girona big style - I don't think that was on the schedule so perhaps it was the only place in Spain where a slot was available.
Join Date: Feb 2003
Location: UK
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As an employee of Jet2 I'm glad they're not looking at getting into long haul. Much as I'd love them to branch out and expand into different areas, the company is only making £40m profit a year, much of which could be wiped out expanding into long haul, where the costs can quickly rack up with tech aircraft and so on. I don't know how much the long haul adds to Thomas Cook's bottom line, but they're still a loss making company at the moment. The aircraft may be full but when you compare their prices to Thomson and Virgin you can see why.
Join Date: Nov 2014
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http://www.dartgroup.co.uk/uploadedF...sults-2015.pdf
Dart Group have announced their preliminary unaudited results for the year up to 31 March 2015. Group turnover increased 12%, whilst underlying Group operating profit increased 3%.
Still, a very impressive group profit, especially given the rise in EU261 claims. 
Dart Group have announced their preliminary unaudited results for the year up to 31 March 2015. Group turnover increased 12%, whilst underlying Group operating profit increased 3%.
After accounting for an exceptional provision of £17.0m, in relation to possible passenger compensation claims for historical flight delays under Regulation (EC) No 261/2004, Group profit before tax, fell by 5% to £40.2m (2014: £42.1m).
Join Date: Apr 2015
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G-CELA has completed air tests out of Dublin over the past couple of days and was ferried back to Leeds late last night.
Gender Faculty Specialist
It was actually an increase on last year minus a one off £17M reduction for the EU261 thing. Close to 6%, which is similar to BA in 2013/14.
But then you knew that.
But then you knew that.
But the heads at the top know that.. Anyone that was in the Directors presentation would know that too.. Emphasis on 'most busuness owners wouldn't get out of bed for an £X profit margin'..
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Those clueless investors obviously haven't a clue either, Honiley. The shares in Dart Group have jumped 7% in the last few days since the financial results were announced - Dart's shareholders are clearly very worried! 
Join Date: Sep 2013
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Financially Dart are one of the strongest companies by some margin.
They own over 85% of their fleet.
They have no debt.
They have a net cash position ( even allowing for all the restricted cash).
They have invested heavily over the last few years.
They are UK based including the call centre.
They have built a holiday business taking over 1 million customers in under 5 years.
As shareholders the price has doubled in the last two years and gone up 25 times from a low point of 16p.
Running any business you will get those "knockers" . It gets a little tiresome on here listening to those ex employees moan.
I for one think they do a great job and have offered those of us in the north a great choice of destinations.
They own over 85% of their fleet.
They have no debt.
They have a net cash position ( even allowing for all the restricted cash).
They have invested heavily over the last few years.
They are UK based including the call centre.
They have built a holiday business taking over 1 million customers in under 5 years.
As shareholders the price has doubled in the last two years and gone up 25 times from a low point of 16p.
Running any business you will get those "knockers" . It gets a little tiresome on here listening to those ex employees moan.
I for one think they do a great job and have offered those of us in the north a great choice of destinations.
G-CELA "C" check, this old girl is almost 29 years old. Does she have low hours for her age? I see that a younger LC was scrapped recently at Kemble.
Is she more valuable to the Jet2 fleet as she is a QC variant?
Is she more valuable to the Jet2 fleet as she is a QC variant?
Join Date: Jan 2010
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castleford tiger:
Financially Dart are one of the strongest companies by some margin.
They own over 85% of their fleet.
They have no debt.
They have a net cash position ( even allowing for all the restricted cash).
They have invested heavily over the last few years.
They are UK based including the call centre.
They have built a holiday business taking over 1 million customers in under 5 years.
As shareholders the price has doubled in the last two years and gone up 25 times from a low point of 16p.
They own over 85% of their fleet.
They have no debt.
They have a net cash position ( even allowing for all the restricted cash).
They have invested heavily over the last few years.
They are UK based including the call centre.
They have built a holiday business taking over 1 million customers in under 5 years.
As shareholders the price has doubled in the last two years and gone up 25 times from a low point of 16p.
Yes, you have mentioned all the Dart group’s achievements but you have forgotten the people that have worked hard to get the Group where it is today. No CEO nor any Director/manager etc., is of any use if they don’t have staff to diligently carry out their instructions.
Pilots for example have no salary increments, so once employed they have no other reason to stay other than for their own convenience. There are no travel concessions, no salary increments, no share or profit bonuses. Even Michael O’Leary has recently discovered that he needs to be nicer to staff if he wants to keep them and that has even turned the heads of JET2 pilots to look and even go to Ryanair for a better deal. Obviously staffing costs have to be kept down but if it causes more expenses elsewhere due to extra recruitment costs and training costs, then the shareholders aren’t getting a good deal.
The JET2 Holidays Tour Operating is a fairly new venture and has grown beyond anyone’s imagination, a superb achievement. Rumours would indicate, however, that the quick growth has brought with it many more chiefs than necessary and too few coal face workers. In the past this imbalance and/or empire building has brought down many UK tour operators.
Just a little constructive critisism for you to consider but with no intention to detract from the Dart Group’s excellent trading position.
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supermarine
That is not constructive criticism, more of a whinge
An airline and tour operator are heavily dependant on their staff for each and every action. It is the efficiency and diligence of the staff that make the difference between making a profit or a thumping great big loss. It would appear to be reasonable therefore for senior management to spare no effort to develope loyalty and diligence from their staff. And one way to achieve this is to reward staff for their efficiency and productivity and particulary for their years of loyal service.
Here’s a video showing some considerable enthusiasm from JET2 staff and long may it last........
https://www.youtube.com/watch?v=VnLS...youtu.be&t=49s
