REG - Jet2 PLC - Jet2 launches new base at London Gatwick Airport

Jet2Announcement

12/11/2025 07:00

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RNS Number : 1368H  Jet2 PLC  12 November 2025

12 November 2025

 

Jet2 launches new base at London Gatwick Airport

 

Extends Jet2's differentiated, service-led offering to a further 15 million
potential customers

 

Jet2, the UK's leading leisure travel business, is extremely pleased to
announce that it will begin scheduled flying from London Gatwick Airport for
the first time from late March 2026.

 

The agreement will bring Jet2 to the world's busiest single runway airport
having secured slots for six aircraft following the release of additional
capacity by the airport. Five Airbus A321neo aircraft will be based at London
Gatwick, with a further aircraft positioned overseas. This development marks a
transformational next step in Jet2's ambitions, further underpinning and
accelerating its growth strategy and expanding its presence in the South of
England, while also taking the total number of Jet2 bases across the UK to 14.

 

London Gatwick currently serves a catchment area of almost 15 million people
who can access it by road or rail within 60 minutes - 7 million of whom live
within 30 miles - and has become the UK's leading airport for beach holidays
and city breaks, with more short and mid-haul beach holiday departures than
any other UK airport.

 

With around 85% of the UK population already living within a 90-minute drive
of Jet2's existing bases, establishing this new and complementary presence at
London Gatwick will bring Jet2's ATOL-protected holidays and award-winning
flights within easy reach of even more UK households.

 

London Gatwick represents a key component of Jet2's longer term growth and
value creation plan and we are pleased that this valuable opportunity has
arisen earlier than management's original expectations. Consequently, to fully
capitalise on this development there will be a meaningful step-up in
short-term investment to firmly establish Jet2's operations and market leading
customer service at London Gatwick.

 

In the balance of FY26, the Group will incur promotional and resourcing
start-up costs ahead of operational launch in March 2026, whilst in FY27 it
will substitute three short-term leased (ACMI) aircraft into its existing
bases in order to release Airbus A321neos for the London Gatwick operation. In
FY28 the higher cost ACMI aircraft will be replaced with new, more efficient
A321neo aircraft from our pre-existing Airbus delivery stream. The Group
expects the London Gatwick operation to move into profitability in FY29 and to
deliver meaningful profit growth thereafter.

 

Looking further ahead, the agreement also provides Jet2 with a strong
strategic foothold to benefit from future expansion at London Gatwick,
including the potential introduction of a second runway.

 

Commenting on the agreement, Steve Heapy, CEO of Jet2 plc, said:

 

"Today's announcement represents an incredibly exciting moment for Jet2. For
many years, our ambition has been to provide our differentiated, service led,
end-to-end product offering from London Gatwick, and we see this as a once in
a generation opportunity to accelerate our growth from the UK's largest beach
and city leisure destination airport.

 

This development represents a transformational change in our addressable
market underscoring the scale of the opportunity, and we are thrilled to be
able to introduce our award-winning Customer First service from London Gatwick
next year.

 

While establishing our holiday operations and service will understandably take
time and investment in the short term, we expect to deliver meaningful profit
growth in the longer term, in line with our People, Service, Profits
philosophy."

 

For further information, please contact:

 

 Jet2 plc                                                 Tel:          0113 239 7692

 Steve Heapy, Chief Executive Officer
 Gary Brown, Group Chief Financial Officer
 Institutional investors and analysts:

 Mark Buxton, Finance & Investor Relations Director       Tel:          0113 848 0242

 Cavendish Capital Markets Limited - Nominated Adviser    Tel:          020 7220 0500

 Katy Birkin / George Lawson

 Canaccord Genuity Limited - Joint Broker                 Tel:          020 7523 8000

 Adam James / Harry Rees

 Jefferies International Limited - Joint Broker           Tel:          020 7029 8000

 Ed Matthews / Jee Lee

 Headland - Financial PR                                  Tel:          020 3805 4827

 Ed Young / Will Smith / Jack Gault

 

 

Notes to Editors

Jet2 plc is a Leisure Travel Group, comprising Jet2holidays, the UK's
leading provider of ATOL protected package holidays to leisure destinations
across the Mediterranean, Canary Islands and European Leisure Cities
and Jet2.com, the UK's third largest airline by number of passengers flown,
which specialises in scheduled holiday flights. In the financial year ended 31
March 2025, over 66% of flown passengers took an end-to-end package holiday
with the remainder taking a flight-only.

 

Jet2 currently operates from 13 UK airport bases at Belfast International,
Birmingham, Bournemouth, Bristol, East Midlands, Edinburgh, Glasgow, Leeds
Bradford, Liverpool John Lennon, London Luton, London Stansted, Manchester and
Newcastle.

 

 

 

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