Jet2 (JET2)

Sector:

Commercial Transport

Index:

FTSE AIM 50

1,299.00p
   
  • Change Today:
    -15.00p
  • 52 Week High: 1,519.00p
  • 52 Week Low: 991.50p
  • Currency: UK Pounds
  • Shares Issued: 214.68m
  • Volume: 14,722
  • Market Cap: £2,788.71m

Jet2 blames government as it suspends journeys

By Sean Farrell

Date: Friday 09 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Jet2 has suspended flights and holidays until 23 June because of uncertainty over the UK government's travel proposals.
International travel to and from the UK is scheduled to reopen on 17 May but Jet2 said lack of clarity in the government's plans had forced it to delay journeys.

The travel group's shares fell 3.8% to £13.14.5 at 11:12 GMT.

The government's framework for restarting international travel, published on Friday, includes making all UK arrivals take pre- and post-departure Covid-19 tests. The post-arrival tests cost about £120 and this has prompted protests from the airline industry.

The framework, produced by a government taskforce, also keeps quarantine measures which apply to people differently depending on how risky the destination visited is judged to be.

"Because of the continued uncertainty following the release of the Global Travel Taskforce framework it is with a heavy heart that we have taken the decision to extend the suspension of flights and holidays up to and including 23 June," Jet2 Chief Executive Steve Heapy said.

"It has been over a year since international travel was first suspended because of the pandemic. Much has been achieved in that time, making it even more frustrating that we are still to receive a clear framework."

Heapy said the framework was little different than six months ago and left Jet2 in the dark about when it could resume flying, where to and the availability and cost of testing.





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Jet2 Market Data

Currency UK Pounds
Share Price 1,299.00p
Change Today -15.00p
% Change -1.14 %
52 Week High 1,519.00p
52 Week Low 991.50p
Volume 14,722
Shares Issued 214.68m
Market Cap £2,788.71m

Jet2 Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.35% below the market average4.35% below the market average4.35% below the market average4.35% below the market average4.35% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
51.22% above the market average51.22% above the market average51.22% above the market average51.22% above the market average51.22% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income
55.42% below the market average55.42% below the market average55.42% below the market average55.42% below the market average55.42% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Growth
63.97% above the market average63.97% above the market average63.97% above the market average63.97% above the market average63.97% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average

What The Brokers Say

Strong Buy 7
Buy 8
Neutral 1
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Jet2 Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Dec-23 21-Sep-23
Paid 02-Feb-24 25-Oct-23
Amount 4.00p 8.00p

Trades for 13-Jun-2024

Time Volume / Share Price
09:04 300 @ 1,301.36p
09:03 2 @ 1,298.00p
09:00 274 @ 1,299.76p
08:53 46 @ 1,299.00p
08:53 56 @ 1,299.00p

Jet2 Key Personnel

CEO Stephen Heapy

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