Travel firm Jet2 has posted a hike in annual profits as it revealed prices of its holidays jumped by 11%. The group reported a 43% rise in pre-tax profits to £529.5 million for the year to March 31 as passenger numbers rose by 9% to hit a record 17.7 million.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.
00:06Here are your headlines for this morning.
00:08The travel firm Jet2 has posted an increase in annual profits as it revealed prices of
00:14its holidays jumped by 11%.
00:18The group reported a 43% rise in pre-tax profits to £529.5 million for the year to March 31st,
00:27as passenger numbers rose by 9% to hit a record £17.7 million.
00:33The group said customers would see a further modest increase in flight-only and package
00:37holiday deals over the summer.
00:41Passengers are booking much closer to departure and therefore pricing for flight-only and
00:45package holiday products must remain attractive, Jet2 said in a statement today.
00:51It's an update this morning from the travel firm Jet2 based in Yorkshire, posting an
00:56increase in annual profits as prices of its holidays increased by 11%.
01:03My name's Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.