I'm afraid Brigantree is correct, and all you Airliner World readers and spotters who know nothing about this delightful organisation, the fleet will remain old, tired and knackered until such time as some major investment is added! Jet2 has no money...the best thing for its future, remove the CEO and the nasty culture it's created...

Summer 2015 is going to be expensive! This company is a "ticking clock"...

Oh but they've got Jet2holidays and you can pay tuppence deposit. What can possibly go wrong?

Rumours?!?.....
 

...And you own the company do you?

Sorry, but what is that supposed to mean? Do you really think the company is going to go all Airbus? (Poor Business knowledge if you do.) This is a rumour network, Jumbo2 (read the title, of course, unless you don't know what exactly a rumour is...). The 'Big Announcement' is going to cause speculation on here, speculation that will continue until those at the top blurt it out, at what may be the Paris Air Show.

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.

Jumbo...
 

You clearly know nothing about at least one of the fleets.

How much profit do they make out of interest?

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!!

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..

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. :{

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.

Shouldnt that be 'essentially summer only' ?

G-CELW back in service on the mail services. The old girl has life in her yet!

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 ;)

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.

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

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..

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. :ok:

Not true. Jet2 appears as a flight supplier in Jet2holidays booking system with an equal "status" to the suppliers of the airport transfers and the hotels or apartments. Flight only bookings do not appear anywhere in the booking system used by Jet2holidays and changes made to a flight booking belonging to a Jet2holidays package in Jet2's booking system do not feed back to Jet2holiday's booking system.

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.

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...

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.

Jet2
 

But the share price keeps going up, so someone somewhere thinks they are doing the right thing! If only they would get rid of some of the deadwood then things might get really good.

jet2
 

sean Dillon


you appear to have a big chip on your shoulder re jet2,i have flown with them right from the start from L.B.A.and never had a problem with them,the old aircraft are not a problem to me,my family have 3 jet2 holidays booked with them again plus my flight only there holidays are good we have never had any problems at all,easy jet and ryan air are both know starting to try and keep up by selling holidays.some of the things you have posted on pprune about jet2 could be classed as slander,they as a company are not short of cash as my share dividend is ok,just let them get on with job and stop griping.
am1

Tell you what Snowman, its must be galling for him when the likes of you and me spend our hard earned on buying flights and holidays from Jet2..Guess he doesn`t take rejection well :}

I'm afraid Brigantree is correct, and all you Airliner World readers and spotters who know nothing about this delightful organisation, the fleet will remain old, tired and knackered until such time as some major investment is added! Jet2 has no money...the best thing for its future, remove the CEO and the nasty culture it's created...

Summer 2015 is going to be expensive! This company is a "ticking clock"...

Have you ever read such rubbish?

The CEO ( who owns 40% by the way) has built this company up with a very good team and is well on his way to creating a billion pound company.
He has given millions of customers a choice from up north, and mostly great service.
As a Director myself it does annoy me that people within the company attack it.
i suggest you Man up and see HR or go see Philip ( i can get you an appointment) and clear the air.
I say well done to all those loyal staff at Dart group who do try hard to provide a good service.:

Nice one CT, but I suspect there'lll be no spine from the mouthy ones.

Most flight Crew I encounter are passionate about what they do, even if they have the odd gripe or two (who doesn't?) and I always find it strange coming on here to see 'professionals' denigrating people by calling them 'spotters'. That leads me to believe some people are not quite who they claim to be, But given the benefit of doubt they will be found out eventually.. There is a place for airing dirty laundry if people wish for things to be changed, a public Internet forum is not that place.,

Jet2 4
 

Whilst I'm sure the company try to give good customer service their employees are left by the wayside and treated poorly. Now I have left I can see quite how poorly. Today's issue being the latest in along line, which as a director CT I am sure you know all about. I'm sorry but it was an awful place to work especially recently and now pilots and cabin crew are leaving in droves it'll only get worse. (no one really believes the "only 17 pilots have resigned" fantasy that was spouted at the base meetings)

I've just re-read previous posts of yours CT. So either you're a director pretending to be a punter or a previous shareholder or just an interested person on the sidelines asking whether or not jet2 needed to bring in more aircraft. Seems a little dishonest, or fantasist. Standard fare perhaps?

I am with snowman 1, some of the things you (Sean Dillon) have posted on here, behind your plastic face, are beyond the mark. And with that, I am with also pug - You've an axe to grind about Jet2, where of course you work. If you're not happy, I am sure there are plenty of other airlines out there where you can work - so why exactly haven't you made the move? As pug says, there are plenty of flight crew who are very passionate about what they do, and whether you like it or not Sean, there are people (who you have probably worked alongside) at Jet2 who feel just the same. I am in no doubt that there are many pilots who'd love to have your job... :ugh:

CT Jet2
 

"A delightful organisation" and Jet2 . Not in the same breath. Never ever.

It is a company staffed by really excellent people, but led by some world class no hopers. To paraphrase an old saying "lions led by donkeys" springs to mind. Or perhaps take me there.

If CT is a director (Dart group or Jet 2 or a wannabe ) who can get me an appointment with Phillip I could always just use the "ask Phillip" on the intranet.
But then again having suffered a, no several, undeserved roastings from the man, why bother?
Those who have been the target of a roasting will understand!
Herb Kelleher he most certainly ain't.

Castleford Tiger -

If you are really a director of this company, then you should be asking yourself why over 50 pilots have left this winter, leaving a significant "hole" and an even bigger training commitment for a summer only operation...

Now, due to the disgusting terms & conditions and the fact you have pilots flying your aircraft and your customers whilst paying them HALF SALARY, I don't suppose you a worried about the initial cost implications, but the medium term cost implications will be hitting you hard at the height of your summer only operation, where your summer/winter divide losses are bigger than they've ever been.

This company is a horrible place to work with a culture of panic, fire fighting, blame and does not care for its employees. The word is actually out, people are leaving in droves and quality experienced people don't wish to join!

Your comments have no substance, I couldn't careless about a Billion pound company, I'm looking at not particularly impressive figures, an operation with very little "clout" in terms of its seasonal nature and ageing aircraft costing money...this company is not a "success"! Too much change is needed for it to have a future...

CT - you must be so proud...but I also looked at your previous posts! Airliner World?!

Whilst I'm sure the company try to give good customer service their employees are left by the wayside and treated poorly. Now I have left I can see quite how poorly. Today's issue being the latest in along line, which as a director CT I am sure you know all about. I'm sorry but it was an awful place to work especially recently and now pilots and cabin crew are leaving in droves it'll only get worse. (no one really believes the "only 17 pilots have resigned" fantasy that was spouted at the base meetings)

I've just re-read previous posts of yours CT. So either you're a director pretending to be a punter or a previous shareholder or just an interested person on the sidelines asking whether or not jet2 needed to bring in more aircraft. Seems a little dishonest, or fantasist. Standard fare perhaps?


Lets clear up a couple of points.
I am a company DIRECTOR of my company. I am a Chairman of another.
I also have a non-exc role.
I am 55 years old and have been in business all my life apart from Financial training post School. I also chair finance for a Multi-
Academy trust based in Yorkshire.
Other than buying shares at 16p ( when I first got involved) and attending DART AGM I have NO connection to the company.
I pride myself on honesty and my share buys and sells are reported on ADVFN and III .co.uk.
I have spoken against PM and directors when I felt it was justified.
I have no inside information about the loss of crew so best I don't go there.
It is however a free market and any director will tell you that a companies best assets are its staff.
The company has grown fast over the last few years so its found pilots and crew from somewhere.
Clearly if JET 2 do not play ball the company will suffer.
I cannot see management who have such a high financial stake in the company. However if they do they suffer most.
No company is perfect .However as I have said with a staff of thousands they need to be fair. I will ask the question re pilots at the next meeting.

Fantastic gorter...... I've been waiting for that little gem to come out in the open.

He or she would only lie once.
Telling lies is very difficult to maintain and cover up.
CROMWELL had the kings ear and ran the country for 10 years but eventually he was outed and i am sure you know the result.

I dislike untruths.

This gets even better...... Love the analogy.
Henry VIII was a tyrannical despot too !!

Oliver Cromwell may have been the re-incarnation of Henry VIII but they never met here on earth:
King Henry VIII, born 1491 and died 1547
Oliver Cromwell, born 1599 and died 1658

PS. "Re-incarnation" 'cos your name sounds a bit Buddhist and you may well have heavenly information we mortals may not.

Thomas Cromwell.

Someone clearly missed Wolf Hall.

Out of curiosity, why does Jet2 Holidays have a totally different brand to market than Jet2 yet fly on the same routes and network. Not a criticism, just curious as to the reason as this is uncommon.

The reason for the separation between flight only sales and holidays is the legal requirement to be bonded for selling holiday packages by the CAA. The CAA issue an ATOL (Air Travel Organisers’ Licence) to the holiday company that gives protection to the passengers that buy a holiday package in the event that the holiday company go bankrupt. The sale of a flight seat does not require any ATOL protection, so that JET2 would separate sales through different web sites. There is a cost involved in bonding holiday packages, so you would want to separate the flight seat only sales from the holidays if you can. As JET2 Holidays is a fairly new additional venture to the original flight only seat sales, separating would seem logical and cost saving. In the case of Thomson Holidays and Thomas Cook, who are essentially holiday companies (Tour Operators if you like), they would bond all their activities as they would normally aim at selling all their flight seats with hotel accommodation.

Incidently many customers consider quite wrongly that Easyjet and Ryanair sell holidays and they do not, as they are not bonded by the CAA to do so and therefore have no ATOL. For example on making a flight reservation with Easyjet if you select the option to make a hotel booking you are redirected to another web site and if you book a hotel, your contract for that booking will be with a completeley different company to Easyjet. You will in fact end up with your flight booking contracted with Easyjet and a hotel booking contracted with a hotel booking agency. This is a neat way of getting round the “package” holiday legislation and avoid the need to get the costly ATOL bonding from the CAA.

All in MHO....

Jet3
 

Quote:
Originally Posted by castleford tiger View Post
I will ask the question re pilots at the next meeting.
That made me chuckle. If the director of HR would happily lie in a court of law (and be so accused by the judge) then what chance do you think you have in getting an honest answer.

Can we have a link to these comments. I would like to study the case.
If they are indeed correct, I hope they took the smug grin from the Director's face as they have effectively removed any chance of other employment in the HR field, (except perhaps as tea boy). Any one doing due diligence would find such comments an effective bar to employment.