Jet2 has confirmed that its full-year pre-tax profit will be within its expected guidance of between £565m and £570m.

The low-cost airline said the figure represents “another year of healthy profit growth”, with the figure to be approximately 9% up on last year.

In a trading update to the London Stock Exchange, Jet2 announced that its balance sheet position remains strong, with total cash of £3.2bn as of 31 March.

Operationally, the airline also revealed that its on sale capacity for its summer 2025 trading period is currently running 8.3% higher than the same period last year, at 18.6 million seats.

As a result of the performance, and what the company’s board said reflects “continued confidence” in the prospects of the business, Jet2 is planning a £250m share buyback programme.

“We are very pleased with how the 2025 financial year has ended with another year of healthy profit growth, which underlines the resilience, flexibility and popularity of our product offering, plus the consistently outstanding customer service provided by our colleagues,” Jet2 CEO, Steve Heapy, commented.

“Although still very early in FY26, we are satisfied with progress for summer 2025 so far. With a steadfast focus on long-term growth together with our flexible business model, we are well-positioned to navigate the dynamic market conditions and continue delivering exceptional service-led holiday experiences to our customers.”

Jet2 said it would announce its preliminary results for the year to 31 March 2025 on Wednesday 9 July, which will include a more detailed outlook for its summer 2025 trading period.

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