Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Simon Hunt

Jet2 hits record profits as airline industry makes swift recovery

Holiday firm Jet2 has said full-year earnings will be better than expected after swinging to a first half profit, despite a hit of more than £50 million from airport chaos.

(Picture: PA Wire)

Budget airline and package holiday provider Jet2 swung from deep losses to record profits in the first half of the year in latest sign of the industry’s remarkable recovery after two years of lockdowns and travel restrictions.

The company was £450.7 million in the black in the six months to September compared with a loss of £205.8 million for the same period last year which was still marked by severe Covid-era limits on foreign travel.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.