Market's view on Jet2
Published on April 2024
- Jet2.com was named the Best Airline at the Routes Europe 2024 Awards, praised for its sustainable growth, new routes, and high customer satisfaction scores. The airline plans to operate from 12 UK bases by Summer 2025.
- RBC Capital Markets increased its price target for Jet2 to 2000p from 1950p, following a positive trading statement.
- A Stock Watcher is considering buying Jet2 stock at 1200p, noting strong pricing and cost control but criticizes the company for playing it safe.
- Competition from other airlines like EasyJet and Wizz Air is a concern, with mentions of EasyJet increasing its sales in holiday packages and potential pilot strikes.
- Jet2’s check-in efficiency is compared favorably against EasyJet, though flight price concerns are noted, especially from full airports like Leeds.
- Financial performance is robust with a predicted slight decrease in profit margins despite growth, highlighting the importance of monitoring market activities and competition.
- Concerns are raised about Jet2’s pricing strategy and potential impacts from competitive pricing in April and May.