Jet2 Share Discussion Threads

[rivaldo] 01/3/2024 06:41

Questor in the Telegraph are positive this morning:



"Update: Jet2

While shares in Jet2 have doubled since they were added to our IHT portfolio in January 2018, they still have further room to run amid the prospect of an improving consumer outlook.

The travel company’s latest trading update, released last month, showed that it was making encouraging overall progress. A solid performance in winter 2023-24 bookings prompted a slight increase in financial guidance for the current year: the company now expects to generate pre-tax profits of between £510m and £525m, compared with previous guidance of £480m to £520m, as higher-margin package holidays account for a greater proportion of sales than in the previous year.

As for summer 2024 bookings, average load factors are currently 1.5 percentage points higher than at the same time last year. Although the number of package holiday customers is up 17pc year-on-year, they account for a similar proportion of overall bookings vis-a-vis the same point of the previous year.

The company also reported that it had taken delivery of five new aeroplanes, while six further aircraft are due to join its fleet before the end of 2025. They have the potential to reduce costs because they are more fuel-efficient than the aircraft they are replacing.

While annual or twice-yearly holidays are arguably a staple rather than discretionary item, Jet2 is still likely to benefit from an improving consumer outlook. Consumers may, for example, holiday more frequently or spend more on each holiday than in recent years.

Jet2’s shares trade at just eight times forecast earnings, so they continue to offer enormous capital growth potential and remain a core holding in our IHT portfolio."

[bashor] 29/2/2024 07:23

IAG profits well up on expectations but net debt also rises? Let’s see what the market thinks, bookings strong particularly in leisure

[trying2trade] 29/2/2024 07:17

Very good results. A different setup but people are flying.

[gripfit] 29/2/2024 07:03

And they are very good… and forward looking for 2024 very positive

[trying2trade] 28/2/2024 20:30

IAG results in the morning. Very different animal to jet2 but could carry the sector.

[scaff55] 27/2/2024 08:28

Never heard you say you bought fest, so can't take you seriously ,

[bashor] 26/2/2024 17:46

Good luck to you fest

[festario] 26/2/2024 16:57

I know, but I trade daily spikes, and troughs, multiple times a week.

[castleford tiger] 26/2/2024 16:46

Fest it’s too early pal but hey

[gripfit] 26/2/2024 16:13

5408 shares or 90 😉😉

[festario] 26/2/2024 15:31

Out at 1436p Musn't be greedy.

[bigbigdave] 26/2/2024 15:25

Breakout beyond the high from last February, bodes well imo.
February 2022 high not far away either.

[snorkelparker] 26/2/2024 15:19

och for the shorts

[evianone] 26/2/2024 14:55

D E Shaw must be bloody mad, plenty of other stuff to short, I may be bias as I'm long but people have more money in their pockets if they are on 5 year fixed rate mortgages had increases in wages they are better off and will spend the extra income

[gripfit] 26/2/2024 14:34

DE SHAW ,, sort your short out

[trying2trade] 26/2/2024 08:59

Highest share price in a year I think this is?

[ayl30] 26/2/2024 08:01

Jet will benefit from Ryanair inc prices due to short delivery of planes

[snorkelparker] 26/2/2024 07:49

Jet2 which guide No1 yet again..yeah not sure its a clever short at Feb 15 might have sold short around 1390 if lucky..otherwise I'm pretty sure DE Shaw are underwater on their position..

[angus mcoatup] 24/2/2024 23:58

Wizz Air is continuing to struggle with the grounding of its aircraft as a result of Pratt & Whittney engine issues on new-generation jets, forcing the airline to temporarily cancel dozens of routes during the 2024 summer season, which begins on March 31, and reduce planned frequencies across its network

[gripfit] 24/2/2024 16:19

They must be smoking summat

[castleford tiger] 24/2/2024 15:18

Can you think of a single reason to short this?

[darrin1471] 24/2/2024 11:08

D. E. Shaw & Co


They have not got the greatest record shorting Jet2 in the past

[gripfit] 24/2/2024 10:38

Who’s shorting it?? They must be tapped

[doombarman] 24/2/2024 09:19

Just noticed a new short added in the 15th Feb... don't like that 😕