The airline and operator has secured a new £150 million loan, and hopes to raise an additional £387 million through a bond offering.
It comes in addition to the £1 billion Jet2 has already raised over the past year, which includes securing £200 million from the government’s Covid corporate financing facility.
Jet2 said its liquidity position was "strong" as of 31 March, with total cash of £1.38 billion and own cash, excluding customer deposits, of £1.06 billion – double the levels at the end of its 2019/20 full-year (to 31 March 2020).
