Dart Group has changed its name to Jet2 plc. Shares in the company, which owns leisure airline and holiday provider Jet2.com, are now trading under the JET2 ticker.
Jet2.com has increased flights and holidays to Turkey for the remainder of the summer on the back of continued demand from British holidaymakers.
The leisure airline and package holiday specialist has announced it will recommence flights and holidays to Faro, one of its most popular destinations, from Monday.
Jet2.com has announced it will resume its flights and holidays programme to Cyprus from August 17th. The decision means holidaymakers can escape to the Cypriot sunshine with the company for the first time since March.
Hundreds of customers are thought to have had flights back to the UK cancelled and been asked to return sooner than planned. Travellers were informed of the changes via emails and text messages.
Almost 50 flights departed today from across Manchester, Birmingham, East Midlands, Leeds Bradford, Glasgow Newcastle and London Stansted Airports.
Dart Group, owners of Jet2.com, has reported a pre-tax profit of £148 million for the year ended March 31st. The figure is down 11 per cent from the £166 million recorded last year, largely due to the impact of Covid-19 on the tourism sector.
Ongoing travel restrictions in place as a result of the Covid-19 pandemic have seen Jet2.com further delay its return to operations. The holiday company is now aiming to recommence its flights and holidays programme on July 15th.
The company had hoped to begin taking passengers on trips from June 17th, but the ongoing travel restrictions in place to combat the outbreak of Covid-19 have made this impossible, the company said.
Dart Group - the listed company behind Jet2.com - has raised around £172 million through a share sale in order to boost liquidity in the face of the Covid-19 slowdown in travel.
Dart Group – the listed company behind Jet2.com – has been confirmed as an eligible issuer for the Bank of England Covid Corporate Financing Facility.