Jet2 PLC (LSE:JET2)
£ 15.03 +0.36 (+2.45%) Market Cap: 2.72 Bil Enterprise Value: 702.91 Mil PE Ratio: 7.30 PB Ratio: 1.31 GF Score: 77/100

Full Year 2026 Jet2 PLC Earnings Call Transcript

Jul 08, 2026 / 08:00AM GMT
Release Date Price: £14.67 (+8.19%)
Steve Heapy
Jet2 PLC - Chief Executive Officer

Good morning, everyone, and thank you for joining us. I'm Steve Heapy, Chief Executive Officer of Jet2 plc, and I'm pleased to be taking you through our performance for the year ended 31 March 2026, together with the growth strategy that gives us confidence for the years ahead.

I'm joined today by Gary Brown, our Chief Financial Officer, who will obviously talk you through the numbers. But before that, I will start with the key highlights and the strategic context. Gary will then take you through the financial results in more detail, and I'll return to cover our growth plans, current trading, and outlook before we open the line for questions.

In simple terms, this has been another strong year for Jet2. We have grown passenger numbers, delivered record revenue, maintained a robust operating performance despite clear cost headwinds, and continued to return meaningful capital to shareholders.

Let me begin with the headline performance. We delivered another year of record passenger numbers and record revenue. Operating profit

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