Jet2 owner raises £172m 21 May 2020 Yorkshire Deals Stephen Farrell Dart Group, the listed company behind Jet2 and Jet2holidays, has raised about £172m through a placing to help deal with the impact of the Covid-19 outbreak. [18], In 2007, sister company Jet2holidays was launched offering package holidays. This preceded the announcement of opening a hub at East Midlands Airport, the first of the airline's hubs outside the North of England and Scotland. Fowler-Welch and Coolchain merged to become Fowler-Welch Coolchain Ltd in 2003. On 29 April 2015, sister company Jet2CityBreaks was launched. The change of name has been registered at Companies House and is effective immediately. The owner of Jet2 and Jet2Holidays is to acquire 27 new aircraft worth $2.6 billion. In 1985 a third Dart Herald aircraft was bought, which flew an overnight parcels service from Birmingham Airport to Nuremberg and Hanover. [17], On 11 November 2020, Jet2.com & Jet2holidays announced that they would open their tenth UK base at Bristol Airport on 1 April 2021, operating to 33 destinations. Learn how and when to remove this template message, https://www.jet2plc.com/uploadedfiles/june2004.pdf, https://www.jet2plc.com/uploadedfiles/dart-june2005.pdf, https://www.jet2plc.com/uploadedfiles/dart2006.pdf, https://www.jet2plc.com/uploadedfiles/dart2007.pdf, https://www.jet2plc.com/uploadedfiles/dart2008.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources_(Images,_docs_etc)/Documents/Report_And_Accounts/DartReport09.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources_%28Images,_docs_etc%29/Documents/Report_And_Accounts/DartReport10.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources_%28Images,_docs_etc%29/Documents/Report_And_Accounts/DartReport11.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources_%28Images,_docs_etc%29/Documents/Report_And_Accounts/complete_results_2011-12.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources_(Images,_docs_etc)/Documents/Report_And_Accounts/complete_results_2012-13.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources/Documents/pdf/Dart-group-AR2014_140730.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources/Documents/pdf/Dart-Group-AR2015.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources_(Images,_docs_etc)/Documents/Report_And_Accounts/Report-and-Accounts-2016.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources_(Images,_docs_etc)/Documents/Report_And_Accounts/Report-and-Accounts-2017.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Content/Pages/Company_Reports_post_2009/Report_and_Accounts_2018/Dart%20Group%20AR2018%20web%20ready.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Shared_Resources_(Images,_docs_etc)/Documents/Report_And_Accounts/Dart-AR2019.pdf, https://www.jet2plc.com/uploadedFiles/Dart_Group_Plc/Content/Pages/Company_Reports_post_2009/Report_and_Accounts_2019(1)/Dart-AR-2020_LR-v2.pdf, https://en.wikipedia.org/w/index.php?title=Jet2_plc&oldid=1005875509, Defunct shipping companies of the United Kingdom, Logistics companies of the United Kingdom, Companies listed on the Alternative Investment Market, Articles needing additional references from January 2021, All articles needing additional references, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License. Its main base is at Leeds Bradford Airport with nine additional operating bases across the United Kingdom alongside overseas bases at Alicante–Elche Airport, Palma de Mallorca Airport[25] and Tenerife South Airport. Jet2 plc (formerly Dart Group plc) is a British multinational airline company based in Leeds, England. Jet2 airline owner Dart Group has said prices will need to remain “enticing” to attract cautious holidaymakers as more countries are added to the UK’s coronavirus quarantine list. [26], As of July 2020, the Jet2.com fleet (not including wet/damp leases) consists of the following aircraft. Jet2 plc (formerly Dart Group plc) is a British multinational airline company based in Leeds, England. After selling off other units, the company rebranded as Jet2 in 2020. Jet2 : Reported operating losses of £111.2m for the six months to September 30, against earnings of £361.5m a year earlier. The company holds a United Kingdom Civil Aviation Authority Type A Operating Licence to carry passengers, cargo and mail on aircraft with 20 or more seats. Construction of the facility broke ground in 2006, in order to accommodate pilots, cabin crew, and back of house operations. In 2004, a second base was opened at Manchester Airport with the airline operating from Terminal 1. The sale comes as Dart Group, which owns Jet2.com and Jet2 Holidays, continues . [citation needed] In November 2016, Jet2.com opened its new maintenance hangar at Manchester Airport. Is Jet2holidays safe? The base at East Midlands Airport opened in May 2010.[8]. 1 The average fleet age is based on our own calculations and may differ from other figures. Jet2.com's Registered office, Low Fare Finder House,[21] is located on the grounds of Leeds Bradford International Airport. Jet2.com also offers a charter service through its Jet2charters brand. UK leisure specialist Jet2 plc says it has raised GBP422 million pounds (USD584.2 million) via a new share issuance to existing shareholders and new investors.. [16] The airline continued to operate repatriation flights for British citizens overseas. Record profits for airline Jet2 [September 12th 2008] As XL goes into administration another airline and package holiday business, Jet2.com, has been quick to point out that it has made record profits. Please refer to the current fleet list to see each aircraft's individual age. In 2002, Channel Express established the Jet2.com brand from Leeds Bradford International Airport. In 2001, two Boeing 737 aircraft were purchased with a quick-change facility allowing a freight aircraft to transform into a passenger aircraft in only 30 minutes. [9] The seasonal flights to New York have continued annually and now run from five of its UK bases. Central Logistics Solutions joins The Pallet Network. Eight Boeing 737-300 aircraft (of which five were passenger aircraft) were purchased in 2003 to bring the total to 12. [15] Also in 2019 Jet2.com carried a record 14.39 million passengers on 82,931 flights. Most popular destinations include mainland Spain and its islands, Portugal, Greece, Cyprus and Turkey. It was split into Aviation Services and Distribution divisions. [22], In April 2013, Jet2.com moved its Customer Contact, Finance, IT, Human Resources, Commercial and Marketing departments to a new office; "Holiday House" located within the city centre of Leeds. Jet2.com and Jet2holidays employ over 10,000 colleagues across the UK and overseas. Jet2's passenger numbers Yes. Dart, which owns Jet2 and Jet2Holidays, said in its trading update this morning that it had made the decision based on the grounding of UK flights, meaning that much of its income had frozen. Product differentiation: Jet2.com is a private limited company, a subsidiary of Dart Group PLC (public limited company) which at the same time owns Jet2holidays.com and Fowler Welch, a long-established Distribution & Logistics business. [14], In 2019, Jet2.com received delivery of its 34th new Boeing 737-800 aircraft, taking its permanent and leased fleet size to over 100 aircraft. In 1994 it purchased the Spalding-based company Fowler-Welch, a temperature-controlled distribution company. "Yorkshire Post - 200 jobs in pipeline as Jet2 moves to new office", "Telegraph & Argus - New £9 million airline training base opens in Bradford", "Jet2 opens operational base at Tenerife South", https://www.jet2.com/en/destinations/manchester-destinations-map, https://www.jet2.com/destinations/birmingham-destinations-map, https://www.jet2.com/en/destinations/leeds-bradford-destinations-map, https://www.jet2.com/en/destinations/london-stansted-destinations-map, https://www.jet2.com/en/destinations/newcastle-destinations-map, https://www.jet2.com/en/destinations/bristol-destinations-map, https://www.jet2.com/en/destinations/east-midlands-destinations-map, https://www.jet2.com/en/destinations/edinburgh-destinations-map, https://www.jet2.com/en/destinations/glasgow-destinations-map, https://www.jet2.com/en/destinations/belfast-destinations-map, "jet2 accelerates b737 freighter fleet phase out", Civil Aviation Authority (United Kingdom), Airlines of the United Kingdom and Channel Islands, List of defunct airlines of the United Kingdom, https://en.wikipedia.org/w/index.php?title=Jet2.com&oldid=1007120957, Articles with unsourced statements from December 2019, Articles with unsourced statements from July 2020, Pages using multiple image with auto scaled images, Creative Commons Attribution-ShareAlike License, This page was last edited on 16 February 2021, at 15:39. In 2010, the airline announced an eighth base at Glasgow Airport would be opened in April 2011, with an initial nine routes. ", "Airline data annual reports 2017 | UK Civil Aviation Authority", "Jet2 takes delivery of new aircraft as part of East Mids Airport expansion plans", "New Manchester Hangar is Open for Business - Jet2.com", "Four More New Aircraft for Jet2.com and Jet2holidays", "Jet2.com celebrates delivery of 100th aircraft", "Jet2 is making over 100 pilots redundant at its UK bases", https://www.jet2.com/News/Announcing_our_tenth_UK_base_%E2%80%93_Bristol_Airport/. In 2006, six more Boeing 757-200 passenger aircraft were bought and the Channel Express Portsmouth distribution base was sold to Ferryspeed C.I. Disclaimer. It even cleans itself. Ltd in June. The Dart Group said winter 20/21 bookings have yet to match capacity cuts, although it said bookings to date for summer 2021 are “encouraging”. Jet2.com has a history that spans more than 30 years, with our roots lying in the commercial aircraft company Channel Express (Air Services) Limited. In 2004, six more Boeing 737-300 passenger aircraft were purchased, and routes from Belfast International Airport started in April and from Manchester Airport in December. By 2018 that was up to 12.1m on 70,963 flights, an increase of 25 per cent on 2017. In 1991, the company changed its name to Dart Group plc and floated on the London Stock Exchange. Shares in … Previous. Philip Meeson, boss of budget airline Jet2.com, was warned by police after flying into a rage at his … [citation needed], Due to the 2019-20 coronavirus pandemic, Jet2.com announced they were suspending flight operations until at least 15 July 2020. The company's operations originated in 1971 when Art Carpenter formed two companies: Carpenter's Air Services Ltd to fly flowers using contracted aircraft to the UK mainland from Guernsey; and Carpenter's Transport to distribute the flowers on the UK mainland to wholesale markets. [10] The base was opened on 31 March, slightly earlier than scheduled. Initially, a freight operator, from 2001 the airline also began operating passenger charter services using Boeing aircraft to international destinations on mainly short and medium-haul routes. On Tuesday, the British Government implemented a new portfolio of strict rules, regarding all forms of travel, to face the rapid expansion of the virus. Jet2.com builds on its foundations at Leeds Bradford - literally! Tour operator Jet2holidays has reported a dramatic 600 per cent surge in bookings since the roadmap to recovery was revealed.. [13] In December 2016, Jet2.com announced that it had ordered a further four Boeing 737-800 aircraft, bringing the total on order to 34. In a stock market filing, the Jet2 (LS, Leeds/Bradford) parent said it had grossed total proceeds of approximately GBP422 million through the fundraise which … In 1989 it bought the first of three Lockheed Electra aircraft, as well as having nine Super Dart Herald aircraft. Its head office is located in the Low Fare Finder House on the grounds of Leeds Bradford Airport, England. In 1978, the company purchased Handley Page Dart Herald aircraft to fly flowers and fresh produce from the Channel Islands to Bournemouth Airport, and consumer goods from the UK via Bournemouth to the Channel Islands. By 2000 the company had 1,500 employees and two divisions (air and freight distribution). In 1983, the company changed its name to identify with its regional route, becoming three companies under the Channel Express name, which had the air freight, running of the two Dart Herald aircraft, and the distribution within the UK as separate operations. Who owns Jet2holidays? It crushes ice or almost anything. During 2003, further scheduled flights were launched to seven European sun and city break destinations. The Coolchain distribution company in Kent was bought in 1999. The company's name for most of its existence was derived from the type of aircraft that it first flew, the Handley Page Dart Herald. Only supported aircraft types that are active with this airline are included in the calculations. The Boeing 737-800s are due to enter service between September 2016 and April 2018. The company, which also owns Aer Lingus, Iberia and Vueling, lost the equivalent of £900,000 an hour during the first nine months of 2020. [11], On 17 September 2016, the airline received its first brand new Boeing 737-800 of the order for thirty made in 2015. Get your BlendJet 2 today! An increase of more than £200m in the estimated fortune of the founder of Leeds-based holiday airline Jet2.com is one of the most eye-catching features of the latest Yorkshire Rich List, which also features a new name at the top. In June 2017, Jet2.com launched Jet2Villas through its Jet2holidays brand. These aircraft helped the company to open two more bases at Blackpool and Edinburgh. The first of seven Fokker F27 aircraft was purchased in 1994. On 29 April 2015, sister company Jet2CityBreaks was launched. Private equity giant Blackstone has confirmed an agreement to acquire Butlin’s owner Bourne Leisure. Channel Express Group Ltd floated on the UK's Unlisted Securities Market (USM) and had seven Super Dart Herald aircraft. The airline began operating commercial aircraft in 1983 under the name Channel Express,[6] when it was purchased by the Dart Group's current Executive Chairman, Philip Meeson. Jet2.com Limited,[3] also known simply as Jet2, is a British low-cost leisure airline offering scheduled and charter flights from the United Kingdom. It was converted to become a freighter at BAE Systems in Filton. All holidays are ABTA and ATOL protected, and all payments made through the Jet2holidays website are … From February 2003, the Jet2 low-cost airline began flying from Leeds Bradford Airport to mainland Europe destinations. [4] Its headquarters is located at Leeds Bradford Airport,[5] with further bases at Alicante-Elche, Belfast–International, East Midlands, Edinburgh, Glasgow, London–Stansted, Manchester, Newcastle, Birmingham, Bristol, Palma de Mallorca and Tenerife–South. [12] In September 2016, Jet2.com announced it would begin operations from Birmingham Airport and London Stansted Airport (the airline's first base in southern England) in March 2017. A package holiday company, Jet2holidays, was formed in January 2007. The airline operates from 9 UK bases, such as Newcastle International Airport, Edinburgh Airport, Manchester Airport, Glasgow Airport, Belfast International Airport, East Midlands Airport, Birmingham Airport, London Stansted Airport. On 17 Aug 2020, Jet2 announced via BALPA, that they would be laying off 102 pilots from various UK bases, due to the COVID-19 pandemic. The re-branded Jet2.com began operating as a leisure airline with its first flight from Leeds Bradford to Amsterdam on 12 February 2003, which operated a twice-daily rotation with two Boeing 737-300 aircraft. [37][38], Media related to Jet2.com at Wikimedia Commons, "All Scheduled Services 2018 - Civil Aviation Authority (2019)", "Companies House - English Company 02739537", "Cheap flights to & from New-York | Book Online Today! by Phil Davies Sep 3rd 2015, 08:23. In 2007, sister company Jet2holidays was launched offering package holidays. Jet2 has cancelled all holidays and flights until April 14 due to travel restrictions and growing uncertainty over when lockdown will end. Charter and scheduled passenger airlines, This page was last edited on 9 February 2021, at 21:34. 2 Future records only include new-built aircraft close to delivery and expected second-hand deliveries. [2] Subsidiary Jet2.com has its head office in the same building.[3]. Jet2.com has bought slots at Manchester, Birmingham and Stansted airports for an undisclosed amount. Jet2.com’s parent company, Dart Group PLC, has a prestigious legacy that stretches back more than 40 years, and hence enjoys high brand equity and experience in the aviation field 4. There is a notable increase in bookings from July, which continues through the rest of the school holidays and Summer 21. Jet2.com, which last summer was Britain’s fourth largest airline by passenger numbers and also sells holidays, would have benefited from the collapse of rival travel firm Monarch last year. EasyJet plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It was purchased in 1983 by Philip Meeson, becoming Channel Express Group. Jet2.com Limited is a subsidiary of Jet2 plc, an aviation services group. In 2005, Jet2.com opened a third base at Newcastle. [7], In November 2008 Jet2.com changed its slogan from "The North's Low Cost Airline" to "Friendly Low Fares". The BlendJet 2 portable blender packs big blender power on the go. The holiday giant said it was handing out full refunds. During November and December 2008 the airline operated four direct flights from Leeds Bradford to Newark Liberty International Airport using Boeing 757-200s, with a series of flights also planned from both Leeds Bradford and Newcastle during December 2010. Dart Group, which owns Jet2.com and Jet2Holidays, has been hit hard by the coronavirus pandemic, with much of its revenue base stalled by the international travel freeze.. MIAMI – The UK leisure airline Jet2 (LS) has raised £422M ($582M) in new equity to help it face the COVID-19 pandemic. In 2006 the company relocated from Bournemouth to Leeds and was renamed Jet2.com Limited. Philip H Meeson is Chairman/CEO at Jet2 PLC. Read more about our history Top scores Jet2.com has been awarded TripAdvisor's Best Airline – UK, Best Airline – Europe, Best Low Cost Airline – Europe, and Best Economy Class – Europe, and placed in TripAdvisor's Top 10 Airlines – World in 2020. The 27-year-old, formerly an IT project manager working for Blue Chip Data Systems, went on to target the systems of Dart Group plc, the holding company that owns Jet2, package holiday firm Jet2holidays and logistics business Fowler Welch Coolchain. Philip Meeson Executive Chairman of Jet2 plc. It operates domestic and international scheduled services on over 1,000 routes in more than 30 countries via its affiliate airlines EasyJet UK, EasyJet Switzerland, and EasyJet Europe. This provided aircraft larger than its existing 737-300s yet smaller than its 757-200 aircraft. Please login or create a FREE account to read the full article. The global travel restrictions have been extremely challenging for the airlines as well as for the travel companies. [23] In September 2014, the airline opened a new £9.5 million training academy at Euroway Industrial Estate in Bradford. Jet2 owner places $2.6 billion aircraft order. Experience: In April 1983, Philip’s private company purchased the Channel Express Group which, at that time, distributed flowers grown in the Channel Islands to wholesale markets throughout the UK, and freight from the UK into the Channel Islands. Jet2.com and its package holiday business Jet2holidays.com is owned by Dart Group, which also owns distribution company Fowler Welch-Coolchain. The stock ticker symbol also changed to Jet2 to reflect the name change. Later in the year, the company acquired two Boeing 757-200 aircraft, enabling it to fly medium-long haul destinations as well as carrying more passengers on popular existing routes. In 2003 Jet2 carried 604,563 people on 5,542 flights. In 2002, four Boeing 737 aircraft were purchased with two becoming 737 QC (Quick change) aircraft and two as passenger aircraft. See Philip H Meeson's compensation, career history, education, & memberships. [24], Jet2.com operates flights to 70 destinations across Europe, with a notable focus on Spain, the Mediterranean Sea, France, Greece, Italy and Turkey. Read Our Factsheet - Jet2.com & Jet2holidays >> Jet2holidays. It's USB-C rechargeable and water-resistant too. Jet2.com carried over 600,000 passengers in its first year of operation and over nine million passengers during 2017; its highest recorded total. EasyJet plc, styled as easyJet, is a British multinational low-cost airline group headquartered at London Luton Airport. In 1979, it became Express Air Services and flew contracts for the Royal Mail to the Channel Islands from Bournemouth, Bristol and Liverpool from 1980. Below is the financial information of Jet2 plc and its predecessor Dart Group plc: The company has the Jet2.com low cost airline that has its headquarters on the grounds of Leeds Bradford Airport, along with its subsidiary Jet2holidays. 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