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Britons ‘Desperately’ Want to Escape Gloomy Lives, Says Jet2

ENGLAND, UNITED KINGDOM, JUL 9 – Jet2's annual profit rose 12% to £7.17 billion as passenger numbers reached 19.77 million, boosted by last-minute bookings and new airport bases in the UK.

  • Jet2, a Leeds-based holiday operator and airline, reported record passenger numbers and financial results for the year ended 31 March 2025.
  • The strong performance followed rising demand for last-minute getaways despite increased cost-of-living pressures and some industry disruption this week from a French air traffic control strike.
  • The group achieved a 15% rise in revenues, reaching £7.17 billion, saw a 12% increase in passenger numbers to 19.77 million, lowered its debt by 22%, and enhanced its net cash position to £2.02 billion.
  • Alexander Paterson from Peel Hunt described the results as favorable and the future prospects as promising, though he noted that ongoing late bookings are making it harder to assess the situation clearly.
  • Jet2 announced a £250 million share buyback and stated its long-term strategy to be the UK's leading leisure travel business, with bookings for Summer 2025 continuing closer to departure dates.
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Jet2 sales soar amid strong demand for last-minute getaways

The Leeds-based business revealed that total passenger numbers lifted by 12 to 19.77 million for the year to March.

·Basildon, United Kingdom
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Jet2.com increased its profits by 12% in its last fiscal year, ended on 31 March, with profits after taxes of 446.8 million pounds (about 517.84 million euros).The turnover reached 7,173 million pounds (more than 8,300 million euros), 15% more.The operating profits exceeded 446 million euros (517 million euros).An improvement of results that is due to the increase of passengers by 12%, up to 19,77 million, compared to 17,72 million of 2024.

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Upstract broke the news in on Wednesday, July 9, 2025.
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