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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Jet2 ups profit guidance again as Brits seek to escape ‘our rainy island’

Budget travel giant Jet2 upped its profit guidance for the third time in a year, as its boss said customers are cherishing their time away from “our rainy island”.

Profits are set to fall between £510 million and £520 million for the year to 31 March, up from the previous £480m-£520m range. Jet2 said a big reason for the change was that a larger portion of passengers on its flights had booked package deals, which typically means a higher margin for the business, this winter.

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