15 November 2024
Jet2 plc
(the "Company")
Repurchase of Convertible Bonds
Jet2 plc, the Leisure Travel group, announces that it has repurchased £50.0m in aggregate principal amount of the Company's £387.4 million 1.625% guaranteed convertible bonds due 2026 (ISIN: XS2351465179) (the "Convertible Bonds") at a weighted average price of 103.78%, representing a total consideration of £51.9m. Following this purchase, £337.4m in aggregate principal amount of the Convertible Bonds remains outstanding.
The Convertible Bonds which have been repurchased will be surrendered by the Company for cancellation. |
I spoke with someone yesterday and it got me thinking. Airbus going in - which were due at MAN, GLA and EDI. Why? Because they haven't been able to recruit airbus pilots in the numbers they thought. Luton is an airbus base for EZY and WIZZ. It's going to be a small base and involved W patterns, something I don't think happens at any other base?All in I think it's great. But I'm not sure they haven't had their hand forced in some way or at very least, been nudged to it by factors they weren't expecting. I'm happy, I think it'll be very fruitful, but that nobody saw it coming might tell you something. |
rather muted action based on the great news yesterday.
tiger |
These days there is relatively little pure package holiday business going out of LTN, so attractive in the way STN was when they started there |
Gatwick isn't viable whilst they have the single runway, unless someone rather large pulls out. Surprised to see them in at Luton but admire them going after EasyJet, a nice two fingers to their holiday business. |
I would imagine if Gatwick is near to full capacity, it would be the slots that hold them back in getting in there. That being said, they still have some good southern UK coverage with Luton, Stansted and Bournemouth recently added. Agree, Gatwick would be the jewel in the crown if it were ever to happen. |
"As a valued myJet2 member, we want you to be the first to know that we're bringing the sunshine to London Luton Airport! We're all set to soar to 17 sun-kissed destinations from April 2025. We can't wait to whisk you away..." - I would prefer Gatwick, but that airport looks nearly full capacity. |
13th UK base announced - Luton! |
Breakout valid. Refusing to go back into the range. Will it hold? Who knows but odds are it will. Adding to what should be my final and last batch. |
I'm sitting on a jet2 flight again, but today I'll fly 8% higher than last time! :) |
1555 another few away
tiger |
Well CT, out of value trap area..lovely run ..maybe all to next TA ..then who knows ..could this be like 2019 into early 2020 when it flew big time |
Buy right and sit tight. |
Up and up. Nice to see |
You've been shown up for what you are on the sfor board. All there to see. |
Makes sense and good luck CT. Don't pay attention to that idiot. He has several aliases and knows FÃ about this business he's here simply because he stalking me. Filter bin him would be my advise. |
TBH i was holding far too many as a % of my portfolios.
I retain 86% of my overall position
I am a huge fan of this business and its growth shows that they have it right.
tiger |
Well done Castleford - right move. As been noted on SFOR board, if you fade and do the opposite of wrongosti, youll do very well.
tongosti6 Nov '24 - 12:39 - 9430 of 9434
0 3 0
After a long time of sideways action finally a proper breakout.
IN
Castleford Tiger7 Nov '24 - 08:45 - 9431 of 9434
0 2 0
taken 10k out at 1550 |
CT, me too..10k too..but 5k shares at 1486 and 5k at the close yesterday at 1540..would look to buy back if it subsequently dips.. |
Yes I was quoting the whole global political situation...it was immediately after the UK budget you plumb. |
"After this period of uncertainty" .........you think there is no uncertainty ???
The whole world has been put upside down since 2020 and you think the period of uncertainty is over
You haven't seen anything yet LOL
...............
Trying2Trade30 Oct '24 - 16:58 - 9421 of 9431
0 5 0
Fingers crossed money flows back into UK stocks after this period of uncertainty. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
