Demand for package holidays helped the Dart Group increase group operating profit to £147.1 million from £72.4 million for the six months to September 30, 2015.
Revenue in the company’s leisure travel division grew by 15% to £951.7 million. Operating profit growth was £143.6 million giving it an operating profit margin of 15%.
The company is gearing up for further growth by buying 27 new Boeing 737-800NG aircraft to be delivered between September 2016 and April 2018. The list price for the jets is $2.6 billion, although the company said it negotiated a ‘significant discount’ on this price.
