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Jet2 parent reports strong summer; warns of potential Brexit headwinds

Low-cost
Jennifer Morris
15 November 2018

Jet2holidays parent Dart Group has reported a “strong summer”, but has listed cost pressures and Brexit as “emerging headwinds”.

Jet2 placed around 80% of its UK staff on furlough during the six months to 30 September

The company said in its half-year report that summer 2018 had proven to be a particularly strong season for its leisure travel business, with demand for both its flight-only offering from Jet2.com and its higher margin package holiday product from Jet2holidays “buoyant throughout”.

Group operating profit increased by 68% to £350.1 million and group profit before foreign exchange revaluation and taxation increased by 68% to £339.4 million.