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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dart Group Plc | LSE:DTG | London | Ordinary Share | GB00B1722W11 | ORD 1.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 728.50 | 730.00 | 732.00 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jan 2023 to Jan 2025
By Kyle Morris
Jet2 PLC on Thursday raised its fiscal 2023 adjusted pretax profit expectations and said that average load factors for summer 2023 are currently 0.7 percentage points ahead on year.
The leisure-travel group said that it now expects pretax profit before foreign-exchange revaluation for the year ended March 31 of 387 million-392 million pounds ($481.4 million-$487.6 million).
On Jan. 26, it said it saw profit before foreign-exchange revaluation and taxes of GBP370 million-GBP385 million for the year.
Pricing for package holiday and flight-only products remains strong and margins per booked passenger are encouraging, despite input cost pressures--including fuel, carbon taxes, a strengthened U.S. dollar--and wage increases.
Sale seat capacity for summer 2023 is 7.2% higher on year at 15.3 million seats. Forward bookings remain encouraging.
It is too early to provide definitive guidance on fiscal 2024 profitability due to the early stage of the year and the threat of summer European air traffic control disruption.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
April 20, 2023 02:55 ET (06:55 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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