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pabely 7th Sep 2017 16:00

Jet2-5
 
For those who did not go. Philip Meeson, Executive Chairman, will make the following statement:

ďThe satisfactory start to the financial year as reported in our Preliminary Results Statement of 13 July 2017 has continued, with Leisure Travel bookings growing in line with our 41% summer 2017 seat capacity increase. Demand for our higher margin package holiday products remains strong and holiday customer numbers as a proportion of total departing customers have increased slightly. It is particularly encouraging to report that our new London Stansted and Birmingham Airport operating bases are already proving popular, with over 1.3m passengers booked to fly with Jet2.com this summer, of which close to 50% have chosen a package holiday with Jet2holidays.

Continued encouraging progress is being made at Fowler Welch, our Distribution & Logistics business, which is currently trading in line with expectations.

Despite our airline ticket yields being lower than those achieved in summer 2016, overall the Board expects the Group to meet current market expectations of underlying profit before taxation for the year ending 31 March 2018 and will provide a further trading update on publication of its interim results on 16 November 2017.Ē

Underlying profit before taxation is defined as profit before taxation stated before foreign exchange revaluation gains or losses

CabinCrewe 11th Sep 2017 18:58

Was interested to see latest Jet2 TV advert has a section that says 'Proud to fly Boeing' with the Boeing logo.

LAX_LHR 11th Sep 2017 19:03

Seems the A330 usage to New York has extended outwards from STN to Manchester and Newcastle, amongst others.

castleford tiger 12th Sep 2017 08:26

AGM some discussion about expansion especially in S/E and Birmingham.
Extra 3 planes at STN next year.
Holiday division continues to show huge growth with the numbers going up 50% yoy but of course they are much higher.
Expect around 2.5 million up from 1.7 last year.
The added value in holidays gives extra profit which once the new bases are bedded in will continue to grow.
I expect a big hike in t/o this year by almost a billion.
This company is probably no 2 in the uk market now and I think will grow to be no1.
The New York stuff is just done as a bit of a gimmick for punters up north who cannot normally get the chance.
Are they still busy?
Well trying to get a seat Sunday or Friday next week to Faro on a 757 is not easy.

milhouse999 12th Sep 2017 10:59


Originally Posted by LAX_LHR (Post 9888734)
Seems the A330 usage to New York has extended outwards from STN to Manchester and Newcastle, amongst others.

Just tried a few combinations of booking NCL - New york, some seat plans show 757, some are 330

milhouse999 12th Sep 2017 11:01


Originally Posted by castleford tiger (Post 9889208)
The New York stuff is just done as a bit of a gimmick for punters up north who cannot normally get the chance.
Are they still busy?
Tiger

Just looked at NCL - New York, seat plans show around 50% reserved already

Jerry123 12th Sep 2017 12:52

Did they give any indication if they would add any new bases? If CWL or BRS or EXT are in their plans for any future expansion?

LiamNCL 12th Sep 2017 16:25

The NCL-EWR xmas flights are very popular yes good to see the A330 on a few of the atlantic trips. Does anyone know where the new 737-8MG will be based over the winter ?

castleford tiger 12th Sep 2017 18:38


Originally Posted by Jerry123 (Post 9889412)
Did they give any indication if they would add any new bases? If CWL or BRS or EXT are in their plans for any future expansion?

No plans as I think they have their hands full at STN ( especially).
We only started in April and the kind of growth from a brand that carried no value in the south is promising.
The return rate is very high plus 60% within a year so add that to new clients and boom.
The BOD were due into the airport at 5.00 am the following day to see if things were sweet.
There can be little growth at Leeds now its almost full and the Faro flight boards in Cookridge !!
Its a shame that LBA spoil the good work with their shabby approach.
1 hour to get through passports and the same for bags is not good.
I feel the VC lot are bleeding it dry.

GayFriendly 12th Sep 2017 19:58

BHX
 
Just out of interest what specific indications were given about future expansion at BHX? In terms of pax numbers they seem to be performing very well, although this alone of course is not any indication of profitability.

AMS is surely a route under consideration from BHX?

Mooncrest 12th Sep 2017 20:22

Tiger, can you please clarify the following. When you refer to LBA, do you mean Leeds Bradford Airport Limited or the Jet2 base at this airport ? Also, who or what is the VC lot ?

Ta.

inOban 12th Sep 2017 20:54

I assumed that VC meant venture capital. Am I right?

Jerry123 12th Sep 2017 21:32

Thanks for the info.

David Sharpe 13th Sep 2017 17:32

I have just had a first look at the current programme for the Summer 2018 peak (based on August 2018) and it looks like the airline will break the 1000 departures per week barrier for the first time, there are currently 1035 departures per week planned (+113 on the Summer 2017 peak)


As expected, the biggest increases are at the new bases of Birmingham (+37 departures per week) and London Stansted (+44 departures per week) with Belfast also showing a good increase (up from 41 to 53 x weekly departures)


There are presently 295 Airport pairs planned, with 40 new route pairs planned for Summer 2018, and 3 cancelled routes (East Midlands to Naples, Leeds Bradford to Dusseldorf and Manchester to Toulouse)


As always, there is still time for changes to be made, but it certainly looks like it will be a busy Summer for the airline again in 2018.

castleford tiger 13th Sep 2017 17:52


Originally Posted by GayFriendly (Post 9889738)
Just out of interest what specific indications were given about future expansion at BHX? In terms of pax numbers they seem to be performing very well, although this alone of course is not any indication of profitability.

AMS is surely a route under consideration from BHX?


Not discussed other than preforming well

castleford tiger 13th Sep 2017 17:55


Originally Posted by Mooncrest (Post 9889762)
Tiger, can you please clarify the following. When you refer to LBA, do you mean Leeds Bradford Airport Limited or the Jet2 base at this airport ? Also, who or what is the VC lot ?

Ta.


Leeds Bradford Airport is LBA yes


The Venture Capitalists Bridgepoint capital bought the Airport and in my opinion not enough is re invested.
Its a Cash Cow.

Faolpfr 16th Sep 2017 21:08


Originally Posted by David Sharpe (Post 9890792)
I have just had a first look at the current programme for the Summer 2018 peak (based on August 2018) and it looks like the airline will break the 1000 departures per week barrier for the first time, there are currently 1035 departures per week planned (+113 on the Summer 2017 peak)


As expected, the biggest increases are at the new bases of Birmingham (+37 departures per week) and London Stansted (+44 departures per week) with Belfast also showing a good increase (up from 41 to 53 x weekly departures)


There are presently 295 Airport pairs planned, with 40 new route pairs planned for Summer 2018, and 3 cancelled routes (East Midlands to Naples, Leeds Bradford to Dusseldorf and Manchester to Toulouse)


As always, there is still time for changes to be made, but it certainly looks like it will be a busy Summer for the airline again in 2018.

there will be an increase for Faro in 2018?

David Sharpe 18th Sep 2017 16:57

Faro is currently showing 76 x weekly departures (an increase of 1 x weekly) for the Summer 2018 timetable, based on August 2018.

GLAinsider 18th Sep 2017 17:04


Originally Posted by LiamNCL (Post 9889612)
The NCL-EWR xmas flights are very popular yes good to see the A330 on a few of the atlantic trips. Does anyone know where the new 737-8MG will be based over the winter ?

BFS are getting a B738 next month but I don't think we know which one yet.

arctic monkey 19th Sep 2017 15:04

Jet2 are now recruiting for a Palma base. That's an interesting development. I wonder will they keep the Alicante base?

Johnny [email protected] Pants 19th Sep 2017 15:15

Yes, ALC will remain as both an operational and standby base, PMI will be fully operational. Jet2 have had a PMI base this summer however it has been operated using a leased Aer Europa B738 with mixed Aer Europa and Jet2 decals and Jet2 cabin crew.

GrahamK 19th Sep 2017 15:16

The LS522 has been caught up in the aftermath of Tuifly incident in FUE. Due back into NCL at 2am this morning, now due to arrive 930pm tonight. No accomadation for pax overnight so reports of pax sleeping on the floors ag the airport, very little info provided. If you believe social media anyhow

arctic monkey 19th Sep 2017 16:46

Thanks for the info Johnny. That's an interesting development.

DjerbaDevil 20th Sep 2017 02:13

http://www.travelweekly.co.uk/articl...-august-by-oag

Jet2.com has been ranked as the UK’s most punctual airline in August.

The latest rankings by travel intelligence company OAG mean that the leisure carrier has topped the ranking for on time performance over three consecutive peak summer months.

Latest statistics published for August show Jet2.com as achieving 89.9% punctuality, more than 3% better than Thomson Airways, which was ranked as the next best UK airline for on-time flights.

Jet2.com’s on time performance compared with 84% reported for Flybe, 81.3% for Ryanair, 80.6% for Monarch, 78.6% for Virgin Atlantic, 77.4% for Thomas Cook Airlines, 77.3% for Bmi Regional, 77% for British Airways and 68.3% for easyJet.

Jet2.com was ranked 31st out of all airlines in the Europe, Middle East and Africa region for punctuality.

“Our teams work incredibly hard to give customers the perfect start to a lovely holiday and this data shows that this hard work is really paying off,” the airline said.

“OAG is one of the industry’s most recognised and respected providers of rankings of on time pereformance for all airlines and airports.

“Its annual punctuality league is regarded as the industry’s benchmark for measuring on-time performance for airlines and airports.”

Plane.Silly 6th Oct 2017 13:04

HI All, long time lurker, first time poster.

The latest ATOL figures show Jet2Holidays are now the 2nd biggest tour operator, Given Jet2Hols didnít exist 10 years, this is quite remarkable. (Monarch were previously 6th)

Rank Licence Holder ATOLNumber Passengers Licensed
1 TUI UK Ltd 2524 5386845
2 Jet2holidays Ltd 9618 2936420
3 Thomas Cook Tour Operations Ltd 1179 2389227
4 Expedia, Inc 5788 1416227
5 On The Beach Ltd 10017 1205480
6 British Airways Holidays Ltd 5985 786000
7 We Love Holidays Limited 10989 631066
8 Travel Republic Ltd 10581 610269
9 BravoNext SA 11082 384737
10 Virgin Holidays Ltd 2358 369488

With the loss of Monarch, it would make sense for Jet2 to continue with their expansion, as we've seen in the past few days they've added over 100k seats in BHX/MAN with a few extras in LBA/STN too

garry8g 6th Oct 2017 16:08

Just read on another airline's forum, that Jet2 are apparently going to be leasing two A330's from AirTanker next year!

Can anyone confirm if this is true or not? And will they both be based at Manchester?

Flying Wild 6th Oct 2017 20:35

Two extra aircraft into Birmingham next summer:

https://www.birminghamairport.co.uk/...ingham-airport

garry8g 7th Oct 2017 00:07

With all this additional capacity being added, and additional aircraft expansion at certain bases, are we likely to see quite a few 2nd hand B737-800's being added to the fleet this year?

I know that there are 14 new aircraft due by April 18, but I thought they had been accounted for in fleet replacement and the original planned expansion for 2018.

brian_dromey 7th Oct 2017 04:48

It may also be that some 733s which might have been retired will be kept longer than initially planned. Are any of the 757s due to be withdrawn yet, extensions for those aircraft may also be possible?

BAladdy 7th Oct 2017 15:23


Originally Posted by garry8g (Post 9916602)
Just read on another airline's forum, that Jet2 are apparently going to be leasing two A330's from AirTanker next year!

Can anyone confirm if this is true or not? And will they both be based at Manchester?

Rumours are the Titan are planning to add two ex Air Berlin A330ís. Titan have operated A320 and 757ís for LS over the past few summers. I wonder if the rumours are true about LS Leasing 2 A330ís next year, if the aircraft could be coming from Titan and not Air Tanker

Flying Wild 7th Oct 2017 15:48

There were a load of 737Max due for delivery from next year... Who knows what deals are being done!
Air Berlin also operated 737-800, so that could be a source.

olster 8th Oct 2017 21:29

Is it possible that Jet2 might inherit the Monarch 737 max order?

chaps1954 8th Oct 2017 22:17

Interesting thought, when was the first due to be delivered, as the production line
moves so fast may well never be built but parts may well be moved on to future builds
so I guess you would need to ask Boeing.

GLAinsider 8th Oct 2017 23:18

If there is a lack of capacity in the fleet a step in the right direction would be to drop the disastrous programme into Madeira (FNC). I would be surprised if there is any net profit there once the costs of all the diverts is taken into consideration.

canberra97 8th Oct 2017 23:27

Just out of curiosity how many diverts have there been at Funchal in the last 6 months?

Plane.Silly 10th Oct 2017 10:49


Just out of curiosity how many diverts have there been at Funchal in the last 6 months?
I remember hearing of at least 3: 24th July, 7th Aug and 2nd October
Knowing how temperamental the weather at FNC can be, it's probably more

daz211 10th Oct 2017 13:50


Originally Posted by Plane.Silly (Post 9920232)
I remember hearing of at least 3: 24th July, 7th Aug and 2nd October
Knowing how temperamental the weather at FNC can be, it's probably more

Drop FNC swap it for GIB.

canberra97 10th Oct 2017 14:20

Why drop FNC and replace it with GIB as they are two different markets, even though there have been a few diversions at FNC I don't see any reason why to stop flying there as Jet2 can always add GIB in addition to keeping FNC.

Madeira is a popular island for the British and having been there myself on numerous occasions I wouldn't like to see it being dropped just because of a few diversions.

daz211 10th Oct 2017 14:32

They are not simple diversions diverting to ACE TFS for example is very costly with no option to coach pax I was diverted to ACE along with four other aircraft spent two hours on the ground then tried again two attempts to land at FNC then diverted to LIS crew out of hours hoteled over night then finally landed at FNC a day later ... very expensive

canberra97 10th Oct 2017 14:46

I'm very aware of the logistical nightmare any diversion from FNC can create but in the long term I don't see any reason why it should be dropped regardless of a few diversions.


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