The share price of Jet2 plc (LON: JET2) is down 2.1% at the time of writing, after the release of its full-year results for the period ended 31 March 2019. The company reported a revenue growth of 10.8% to £2,693 million and an underlying profit before tax (PBT) growth of 7.3% to £305 million. Despite these strong results, the market has been disappointed by Jet2’s guidance for the 2019/20 financial year, with the company expecting PBT to be in the range of £270-280 million.
This is below analysts’ expectations of £283 million and reflects Jet2’s continued investment in its business as it looks to drive future growth.
In the last few years, Jet2’s share price has been on a bit of a rollercoaster ride. After hitting an all-time high in early 2018, the stock took a tumble in the latter half of the year. However, 2019 has seen Jet2’s share price rebound strongly and it is now trading close to its all-time high once again.
So what is driving this volatility in Jet2’s share price? Firstly, it is important to remember that Jet2 is a leisure airline and as such, its fortunes are closely linked to the wider economic conditions. When the economy is doing well, people are more likely to take holidays and jet off for some winter sun.
Conversely, when the economy slows down, people are less likely to travel andJet2’s sales will suffer as a result. This was certainly the case in 2018 when concerns about Brexit and the health of the global economy led to a slowdown in demand for air travel. This hit Jet2’s share price hard but fortunately for investors, 2019 has seen a rebound in demand for air travel as confidence returns to the markets.
Looking ahead, it is difficult to predict where Jet2’s share price will go next but with Brexit still looming large on the horizon, there is potential for further volatility in 2020. However, over the longer term, we believe that Jet2 remains well positioned to capitalise on rising global demand for air travel and deliver strong shareholder returns.
Easyjet Share Price
The easyJet share price is down today after the airline announced it would be grounding all flights for at least two weeks due to the coronavirus pandemic.
This is a huge blow for the company, which was already struggling with Brexit uncertainty and high fuel costs.
EasyJet is not the only airline to be hit hard by the virus, with British Airways, Ryanair and Virgin Atlantic all suspending flights.
The impact of the virus on the travel industry has been devastating, with hotels, airlines and tour operators all feeling the pinch. It’s still unclear how long this crisis will last, but easyJet says it is working on contingency plans to ensure that it can resume operations as soon as possible.
Is Jet2 a Good Share to Buy?
There is no easy answer when it comes to investing in shares, and this is especially true when considering whether or not to buy shares in Jet2. While there are many positive aspects to the company – such as its strong financial position and good track record – there are also a number of risks to take into account. As with any investment decision, it is important to do your own research and speak to a financial advisor before making any decisions.
That being said, let’s take a look at some of the key factors that you should consider before deciding whether or not Jet2 is a good share to buy. The first thing to note is that Jet2 is a profitable company. In fact, it has been profitable every year since 2004.
This means that investors can feel confident that their money will be safe if they choose to invest in Jet2 shares. Another key consideration isJet2’s dividend history. The company has consistently increased its dividend payments over the past decade, which is another positive sign for potential investors.
However, it’s also worth noting that Jet2 shares are not cheap. They currently trade at around £12 per share, which means that you would need quite a lot of money to make a significant investment in the company. This could make Jet2 less attractive for some investors who are looking for value for money.
Finally, it’s important to remember that all investments come with risk attached. Although Jet2 looks like a strong company on paper, there’s always the possibility that something could go wrong and the share price could fall sharply as a result.
What is the Share Price for Jet 2 Com?
Jet2.com is a British low-cost airline based at Leeds Bradford Airport, England. It operates scheduled and charter flights to destinations in the United Kingdom, as well as to European and North African leisure destinations. The company has its origins in the Jet2Holidays tour operator business, which was established in 2003 by Philip Meeson and Steven Hutt.
Is Jet2 a Public Limited Company?
Jet2 is a public limited company that was founded in 2002. The company is headquartered in Leeds, England and employs over 8,000 people. Jet2 operates scheduled flights to over 60 destinations across the United Kingdom, Europe, the Mediterranean and the Canary Islands.
Is Jet 2 a Uk Company?
Yes, Jet2 is a UK company. Founded in 1983, it is headquartered in Leeds, England and has over 10,000 employees. It operates scheduled leisure flights to destinations in the Mediterranean, Asia and North Africa from its nine UK bases.
Best Airline Stock Update
Jet 2 share price is down today after the company announced it would be suspending all flights to and from the UK. The move comes as the UK government continues to advise against all but essential travel due to the ongoing COVID-19 pandemic. Jet 2 said in a statement that it had made the decision “with a heavy heart” but that the safety of its customers and staff was its “number one priority”.
Shares in other airlines have also been impacted by the news, with easyJet and Ryanair both seeing their stock prices fall.