Jet2 expecting to report 2022-3 profit

Jet2 hopes to report a group profit of between £387 million (US$ 461 million) and £392 million for the twelve-month period up to March 31 2023. The amount, which would be “before foreign exchange revaluation and taxation”, will come at the end of a year when the British travel and airline business was left with £2.62bn, of which £1.12bn was listed as an ‘own cash’ balance, excluding customer advance deposits. The results are to be announced in July, Jet2 said on April 20. The group said its on-sale seat capacity for summer 2023 is 7.2% higher than the previous summer