Jet2 swings to full-year loss as Covid restrictions bite

8th Jul 2021 09:10

(Sharecast News) - Jet2 said on Thursday that it swung to a full-year loss following what it called "a period of unparalleled operational and financial challenges" as it took a hit from Covid-related restrictions.

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Jet2 strengthens balance sheet ahead of restart of flying operations

2nd Jun 2021 17:36

(Sharecast News) - Jet2 announced that it was strengthening its balance sheet by selling debt, ahead of the restart of flying operations on 24 June.

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Jet2 swings to loss as flights remain suspended

27th Apr 2021 08:39

(Sharecast News) - Low-cost leisure airline and packaged holiday provider Jet2 said on Tuesday that as a result of the Covid-19 pandemic, it expected to report a group loss before foreign exchange and tax from continuing operations of between £375m and £385m for the 2021 financial year.

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Thursday broker round-up

15th Apr 2021 12:52

(Sharecast News) - Naked Wines: Liberum downgrades to hold with a target price of 800p.

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Barclays starts coverage of Jet2 at 'overweight'

15th Apr 2021 08:15

(Sharecast News) - Barclays initiated coverage on shares of Jet2 on Thursday at 'overweight' with a 1,650p price target as it said "opportunities have opened up in a historically competitive market".

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Jet2 blames government as it suspends journeys

9th Apr 2021 10:47

(Sharecast News) - Jet2 has suspended flights and holidays until 23 June because of uncertainty over the UK government's travel proposals.

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Jet2 eligible for up to £200m Covid funding, hails rise in summer bookings

12th Mar 2021 14:33

(Sharecast News) - Low-cost airline Jet2 confirmed on Friday that is eligible for up to £200m of funding under the Treasury and Bank of England's Covid Corporate Financing Facility (CCFF) as it hailed a rise in recent summer bookings.

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Canaccord Genuity reviews stance on Jet2 following equity placing

15th Feb 2021 09:23

(Sharecast News) - Analysts at Canaccord Genuity have kept their rating and target price for low-cost leisure airline Jet2 under review following the group's successful equity placing.

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Jet2 raises £422m to help weather pandemic

12th Feb 2021 07:56

(Sharecast News) - Jet2 said on Friday that it has raised around £422m in a placing to help the airline and holiday company to weather the Covid-19 pandemic and related restrictions.

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Jefferies upgrades Whitbread, downgrades InterContinental in leisure overview

8th Dec 2020 08:01

(Sharecast News) - Jefferies has upgraded Whitbread but downgraded both InterContinental Hotels Group and On The Beach Group following the latest Covid-19 vaccine developments.

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Jet2 swings to loss as Covid takes its toll

19th Nov 2020 10:43

(Sharecast News) - Jet2 said on Thursday that it swung to a pre-tax loss in the first half as it took a hit from the Covid-19 pandemic.

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