All set to soar again
The latest update from a leisure travel airline covered here was much as anticipated. Despite the current challenges, with one of the strongest balance sheets in the sector it is in decent shape. Elsewhere, results from others were mixed, with one multi-faceted business a throw-back to another age. (Free to read)
Jet2: much as anticipated The AGM statement from leisure travel group Jet2 (LON:JET2) was much as anticipated with management clearly frustrated at the government’s ever-changing travel policy. Following the UK Government's decision to allow quarantine-free travel to amber list destinations for the fully vaccinated from 19 July, Jet2.com and Jet2holidays have been flying to 32 green and amber destinations. The programme represents approximately 55% of their pre-Covid Summer 19 capacity and they have also started operations from a new Bristol base. The Government's “three weekly review of its traffic light system” means that customers are booking significantly closer to departure…