Ticker

Panmure Liberum has raised its price target on Jet2 PLC (AIM:JET2), the package holiday and airline group, to 1,700 pence from 1,200 pence, while keeping a buy rating. The broker lifted its earnings per share forecasts by 13 to 17%, helped by a new 250 million pound share buyback.

Jet2 plc (DRTGF) Q4 2026 Earnings Call Transcript

Shares in Jet2 PLC (AIM:JET2) rose 12% to 1,515p after the holiday company and airline pointed to strong summer booking momentum alongside solid annual results. The group said on-sale capacity for summer 2026 was 7.7% ahead of the same point last year.

Jet2 PLC (AIM:JET2) announced a £250 million share buyback as profits fell less than expected in a year when it carried a record number of passengers but was hit by higher taxes, fuel costs and investment in its London Gatwick expansion. The package holiday operator and airline said profit before tax fell 7% to £551 million in the year to 31 March from £593.2 million a year earlier, while revenue rose 4% to a record…

British travel company Jet2 said on Wednesday that customers have become more willing to commit to holidays after holding off bookings during the conflict between Iran and ​Israel, with booked-to-date summer passengers up 7.1%, sending its shares up as much as ​16%.