What Happened
UK Leisure Travel Group Expands Southern England Footprint
Jet2 has reported record revenue of £7.48 billion for the year to March 31, driven by a 5% increase in flown passengers to 20.83 million. The UK leisure travel group, which owns Jet2.com and Jet2holidays, is expanding its southern England footprint and investing in its Airbus A321neo orderbook to support long-term growth. Despite a 2% slip in annual profit, the company remains confident in its ability to deliver sustained, profitable growth through its differentiated business model. This was reported by Aviation Week.