UK's Jet2 says annual profit to match estimates; Summer 2026 capacity up 8% (updated)

Jet2

25/02/2026 08:00

Updates with background and context from paragraph 2-4

Feb 25 (Reuters) - British travel company Jet2 JET2.L said on Wednesday it expects to report annual profit in line with market estimates, adding that its on-sale capacity for Summer 2026 has risen from a year earlier, boosted by new and recently established bases.

Jet2 is preparing to launch new services from London Gatwick next month, with the company investing in load factor and focussing on attractive pricing for holidaymakers.

The company said on-sale capacity for Summer 2026 stands at 20 million seats, up 8% from a year ago, while Winter 2025-26 capacity of 5.5 million seats is 7.4% higher year-on-year.

The package holiday provider added that average pricing across its leisure travel products is following a similar trend to Summer 2025, as it reinvests marketing spend into pricing.

Analysts were anticipating operating profit of 439 million pounds ($593.6 million) for the year ending March 31, 2026, as per company-compiled consensus.

($1 = 0.7395 pounds)

 (Reporting by Ankita Bora in Bengaluru; Editing by Sumana Nandy)

 ((Ankita.Bora@thomsonreuters.com;))