Jet2 plc

What does Jet2 own?
Jet2 plc owns Jet2.com (the UK's third largest airline by passengers), Jet2holidays (the UK's leading ATOL-protected package holiday provider), Jet2citybreaks, Jet2transfers, and Jet2carhire. All brands operate under the Jet2 plc corporate umbrella, which is listed on the London Stock Exchange under ticker JET2.

Is Jet2 publicly traded?
Yes, Jet2 plc is publicly traded on the London Stock Exchange under ticker JET2. The company was previously known as Dart Group PLC and was renamed to Jet2 plc in September 2020 after selling its Fowler Welch distribution business to focus on leisure travel.

Who founded Jet2?
Philip Meeson founded the company that became Jet2. He established the original cargo airline business and later launched Jet2.com passenger services in 2003. Meeson serves as executive chairman and remains a major shareholder.

Who is the CEO of Jet2?
Steve Heapy is the CEO of Jet2 plc. He joined Jet2 in 2009 as Managing Director of Jet2holidays, became CEO of Jet2.com and Jet2holidays in 2013, and was promoted to CEO of Jet2 plc in September 2020 when the company was renamed from Dart Group.

What is Jet2's revenue?
Jet2 reported revenue of £7.48 billion for the financial year ended 31 March 2026, up 4% from £7.17 billion in the prior year. Operating profit was £439.6 million and profit before tax was £551.0 million. The company carried 20.83 million passengers during the year.

How many aircraft does Jet2 operate?
Jet2 operates a fleet of 139 aircraft for summer 2026, including 31 Airbus A321neo aircraft. The company has ordered 155 A321neo aircraft through 2035 and expects the fleet to grow to approximately 162 aircraft by 2032.

The company that became Jet2 traces its origins to Channel Express Group PLC, a cargo airline founded in 1977 and later renamed Dart Group PLC in 1991. Dart Group operated cargo flights under the Channel Express brand for decades before launching passenger services.

Jet2.com began scheduled passenger flights in 2003 from Leeds Bradford Airport to European leisure destinations using Boeing 737 aircraft. The airline expanded rapidly through the 2000s, adding bases at Manchester, Edinburgh, Birmingham, London Stansted, and other UK airports. In 2007, the company launched Jet2holidays, its package holiday brand, which grew to become one of the UK's largest package holiday providers.

The 2010s brought continued fleet and network expansion. Jet2holidays gained significant market share following the collapse of Thomas Cook in 2019. During the COVID-19 pandemic, Jet2 maintained a stronger financial position than many competitors due to its leisure focus and substantial cash reserves.

In 2020, Dart Group sold its Fowler Welch distribution and logistics business to focus entirely on leisure travel. The parent company was subsequently renamed from Dart Group PLC to Jet2 plc in September 2020, reflecting its single-sector focus. Steve Heapy, who had been CEO of Jet2.com and Jet2holidays since 2013, was promoted to CEO of Jet2 plc.

In early 2025, Jet2 opened new bases at Bournemouth and London Luton airports, extending its reach into the South of England. In late March 2026, the company commenced operations at London Gatwick with an initial six-aircraft operation. With 14 bases, more than 90% of the UK population now lives within a 90-minute drive of a Jet2 base.

Jet2's sustainability strategy centers on fleet modernization through the Airbus A321neo program. The A321neo aircraft use approximately 20% less fuel per seat than the Boeing 737-800s they replace, reducing both carbon emissions and operating costs. The company faces industry-wide cost pressures from sustainable aviation fuel (SAF) mandates and carbon costs, which it estimates at £50 million in FY2026.

The company's approach to environmental responsibility includes investing in newer, more efficient aircraft, reducing noise pollution (the A321neo is approximately 50% quieter than predecessor aircraft), and building in-house maintenance capacity to keep aircraft operating at peak efficiency.