Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Jet2 plc    DTG   GB00B1722W11

JET2 PLC

(DTG)
  Report
Delayed Quote. Delayed London Stock Exchange - 10/19 11:35:06 am
792.5 GBX   +2.52%
10/19JET2 : Five new routes launched to Jersey for Summer 21 »
PU
10/14UK's new travel testing plan will boost flying, minister says
RE
10/14UK's new travel testing plan will boost flying, minister says
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

EasyJet, Jet2.com buy Thomas Cook's UK airport slots

share with twitter share with LinkedIn share with facebook
11/08/2019 | 09:29am EDT
An EasyJet passenger aircraft  prepares for take off from Gatwick Airport in southern England, Britain

British budget airlines easyJet and Jet2.com have bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Manchester airports, respectively.

Thomas Cook's UK business and airline went into immediate insolvency when the company collapsed in September, and a court appointed an official receiver to liquidate its assets.

EasyJet bought Thomas Cook's slots at London Gatwick and Bristol airports for 36 million pounds, while Jet2.com, owned by Dart Group, bought slots at Manchester, Birmingham and Stansted for an undisclosed price.

London Gatwick and Manchester had been Thomas Cook's main UK bases, and the liquidators have now sold all the available slots in Thomas Cook's UK portfolio.

EasyJet acquired 12 of summer slot pairs and 8 winter slot pairs at Gatwick, plus six summer slot pairs and one winter slot pair at Bristol, in the deal. The airline added that contractual terms had been concluded.

Last month Hays Travel bought Thomas Cook's network of British travel agent shops, while China's Fosun, which had been the largest shareholder of the group, bought the Thomas Cook brand last week.

The collapse of Thomas Cook, the world's oldest travel company stranded tens of thousands of passengers as its UK business immediately stopped trading.

Its Nordic business was rescued last month, while its German airline Condor is still operating.

(Reporting by Alistair Smout; Editing by Emelia Sithole-Matarise and Louise Heavens)


Stocks mentioned in the article
ChangeLast1st jan.
AT HOME GROUP INC. -2.99% 21.12 Delayed Quote.284.00%
EASYJET PLC 4.82% 493.4 Delayed Quote.-65.36%
JET2 PLC 2.52% 792.5 Delayed Quote.-53.22%
JUST GROUP PLC 1.74% 44.48 Delayed Quote.-43.70%
VINCI SA 1.69% 73.62 Real-time Quote.-25.64%
WILL GROUP, INC. 2.10% 877 End-of-day quote.-29.95%
WORLD CO., LTD. 3.49% 1363 End-of-day quote.-49.35%
share with twitter share with LinkedIn share with facebook
All news about JET2 PLC
10/19JET2 : Five new routes launched to Jersey for Summer 21 »
PU
10/14UK's new travel testing plan will boost flying, minister says
RE
10/14UK's new travel testing plan will boost flying, minister says
RE
10/06JET2 : More flights and holidays added to Turkey in response to continued demand..
PU
09/10'LAST CHANCE' : Airlines demand UK quarantine alternative by end September
RE
09/03DART : Travel firm Dart Group says to add further summer capacity
RE
07/29HEATHROW TELLS UK : do passenger testing or lose 'quarantine roulette'
RE
07/29DART : TUI UK cancels holidays to Spanish islands as Spain braces for tourism hi..
RE
07/28DART : Airline Jet2.com cancels flights to Spanish islands until at least August..
RE
07/27DART : Airline Jet2.com to suspend all UK flights to Spain on Tuesday
RE
More news
Financials
Sales 2021 1 746 M 2 261 M 2 261 M
Net income 2021 - - -
Net cash 2021 28,3 M 36,6 M 36,6 M
P/E ratio 2021 -6,19x
Yield 2021 -
Capitalization 1 417 M 1 840 M 1 834 M
EV / Sales 2021 0,80x
EV / Sales 2022 0,38x
Nbr of Employees 10 357
Free-Float 69,2%
Chart JET2 PLC
Duration : Period :
Jet2 plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JET2 PLC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Average target price 1 012,50 GBX
Last Close Price 792,50 GBX
Spread / Highest target 32,5%
Spread / Average Target 27,8%
Spread / Lowest Target 26,2%
EPS Revisions
Managers
NameTitle
Stephen Paul Heapy Chief Executive Officer & Executive Director
Philip Hugh Meeson Executive Chairman
Gary James Brown Group Chief Financial Officer & Executive Director
Mark Aubrey Seymour Laurence Independent Non-Executive Director
Richard Green Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
JET2 PLC-53.22%1 776
DELTA AIR LINES, INC.-46.14%19 988
RYANAIR HOLDINGS PLC-20.27%15 378
AIR CHINA LIMITED-35.02%13 513
CHINA SOUTHERN AIRLINES COMPANY LIMITED-19.66%11 978
CHINA EASTERN AIRLINES CORPORATION LIMITED-15.66%10 381