Dart Group has released a positive trading update indicating booking trends have continued to strengthen, boosted by later season bookings, and that the Board believes market expectations for FY20 PBT will be exceeded. There had been indications from other market players that demand had been strengthening in the later season and this announcement suggests Jet2 has been well positioned to capture the upside. Reiterate Buy.

11 Oct 2019
Positive Trading Update

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Positive Trading Update
Jet2 PLC (JET2:LON) | 1,679 -84 (-0.3%) | Mkt Cap: 3,510m
- Published:
11 Oct 2019 -
Author:
Andrew Simms -
Pages:
5 -
Dart Group has released a positive trading update indicating booking trends have continued to strengthen, boosted by later season bookings, and that the Board believes market expectations for FY20 PBT will be exceeded. There had been indications from other market players that demand had been strengthening in the later season and this announcement suggests Jet2 has been well positioned to capture the upside. Reiterate Buy.