Jet2 Share Discussion Threads

[snorkelparker] 07/5/2024 17:14

With the stock price under 17 quid they will have a bond maturing in just over 2years of around 600 Mill which will dent the cash position.. but most of the others have tapped the customer deposits for funding.. I wonder how many aircraft are now owned outright and what the real market value of the current fleet is vs the book value

[snorkelparker] 07/5/2024 17:09

Lifted this statement from the trading update, wonder if that means 7 of the new NEO's are bought and paid for out of company cash ?
Since February, we have taken delivery of a further two new CFM powered A321neo aircraft from Airbus in line with our agreed delivery schedule, with both paid for from our own cash reserves. We now have seven in our fleet ahead of Summer 2024

[snorkelparker] 07/5/2024 15:49

still a lot to like about Jet2 just frustrating. but should do another 500mil this year ..its all adding to shareholders equity ..

[essentialinvestor] 07/5/2024 15:32

WTB last week reported a weaker start to the year for Premier Inn, all be it against tough comparitives.

[snorkelparker] 07/5/2024 15:29

certainly not attracting the type of buying that's needed to make decent advances...5 weeks ago looked good to have a run at 18 - 20 quid..now be lucky to hold 13

[essentialinvestor] 07/5/2024 15:28

Ryanair update may indicate UK consumer confidence is weakening.

Whether that impacts JET2 is not a foregone conclusion.

[snorkelparker] 07/5/2024 15:23

Over reaction to what news ..nothing seems obvious. anyone can shed any light?

[gripfit] 07/5/2024 15:23

That’s blown £20 then ..

[bashor] 07/5/2024 15:16

Looks like another over reaction

[philby1] 07/5/2024 15:05

This could be the reason:

[scaff55] 07/5/2024 14:59

The sector took a hit, but dont know why yet ?

[trying2trade] 07/5/2024 14:46

Christ. Just as progress was being made

[castleford tiger] 06/5/2024 08:51

UK weather: Last-minute bookings up as Britons escape the soggy spring

hxxps://www.thetimes.co.uk/article/uk-weather-last-minute-bookings-rain-may-bank-holiday-vv8x8mfnv

[investor73] 05/5/2024 02:24

The British Airline Pilots Association (BALPA) has issued a statement advising prospective pilots to be wary of current claims that there is an emerging worldwide pilot shortage.

Broadly, BALPA’s view is that airline pilot recruitment is currently buoyant and may remain so for the foreseeable future, but at the same time any claims of a pending global pilot shortage are to be viewed with a strong dose of scepticism.

“In the UK, we still have around 500 unemployed pilots."

hxxps://www.ftnonline.co.uk/2023/10/30/balpas-scepticism-about-the-global-pilot-shortage-and-upfront-training-fees/

[angus mcoatup] 04/5/2024 21:42

JSO nutters threatening to glue them selves to runways during the summer.

[castleford tiger] 04/5/2024 17:04

86 active in the air flights at 5.00pm.

i will dig deeper in staff but quite a few doing marriages ( splitting the pattern with ano)

time will tell.

tiger

[trying2trade] 03/5/2024 10:33

For pilots? It's ball park stuff. The only fathomable reason for a pilot to go from Jet2 to EZY is if they want a Gatwick base. EZY don't tend to take direct anyway they hoover up from flight schools and charge them for the job then pay them under the market rate. You'll see EZY are either about to give a 21% pay rise or face pilot strikes. It's largely a reinstatement of pre COVID conditions. There is no denying Jet2 haven't got people they wanted despite what tiger says. Something is going wrong with recruitment and I can testify for it first hand. It is somewhat confusing as it's a pretty appealing place to be for a lot, but they need to shake the image of it being an old RAF boys club.

[johnrxx99] 03/5/2024 09:39

Can someone please say where the flying hours quoted come from, for resaerch purposes
Cheers

[cb7] 03/5/2024 08:33

trading update on 24/4 said they were "well set for a successful summer 2024 season" with "sufficient fully trained resources"

[trying2trade] 03/5/2024 08:00

You'd have to be clinically insane to go from 500 hours a year at Jet2 and take a pay freeze at best to go to EZY to work 850?

[73driver] 03/5/2024 07:57

Well said.

[havinthelasttoast] 03/5/2024 07:51

Tiger

Lend me your rose tinted sunglasses ya daft mug

[castleford tiger] 02/5/2024 18:38

spoken to a driver this afternoon. No question of being crew short at all.

Mega busy with very full aircraft

story remains

tiger

[albert35911] 02/5/2024 16:09

Unusual..the EasyJet and jet2 graphs usually copy each others ups/downs.