The UK leisure carrier JET2 is hoping to deliver 14 Airbus A321neo twin jets by the end of this summer, increasing its fleet to 23.
However, they say the arrival of these “numbers” is delayed past the agreed delivery date.
“As a result, we will incur additional operating costs to cover aircraft gaps in the Peak Summer Flying Program,” it said.
However, Jet2 adds that he is “very satisfied” with the operating economy of the A321neo, and that the aircraft “already exhibits strategic value.”
The company has put the Boeing 757-200 fleet for sale.
JET2 will increase 8-10% in annual group profits for the 12 months ended March 31, 2025, £560-570 million (77000 million) ($720 million) forecast.
This estimate excludes profits from disposal of assets, including 757.
JET2 hopes that the later booking profiles seen this year will continue until 2025-26.
However, it adds that seat sales capacity increased by 8.5% in summer 2025 compared to last year through the opening of new bases in Luton and Bournemouth.
“Reservations for two new bases are encouraging,” he said, but the timing of starting Luton sales means that it is “substantially lower” than the average load factor of other bases.
“We believe that these foundations will add significant value in the future, but in the short term… we are expected to combine and add modest losses in the first year of operations.”