Jet2 reports H1 2022 profit on the back of buoyant demand

Shrugging off “a difficult return to operations”, leisure travel business and Jet2.com owner Jet2 plc said this week that profit for the first half of 2022 increased to £505 million, a major turnaround after the £195.1 million loss reported for the same period last year and 44% ahead of 2019. After tax, Jet2’s profit came to £356 million for H1 this year, which refers to the six months to the end of September. The results followed what the group said was “buoyant customer demand” and the announcement recently that it would buy 35 new Airbus 320/321 aircraft. However, the group