Articles tagged “jet2”

Few outside of Britain will recognize its name. It doesn’t hold earnings calls. It doesn’t have a famous founder or CEO. It publishes financial results just semi-annually, not quarterly. But Jet2 is hardly inconsequential.

The ferocity of the storm meant planes had to travel much further than usual to find a safe diversion airport to land, with some domestic flights being rerouted internationally.

Many people will be watching the next chapter in Manny Fontenla-Novoa's career closely. Can he restore his reputation with this new pan-European travel agency?

A crisis brings out either the best or worst in people. Technology is no different, and so-called New Distribution Capability could have a new lease of life.

On the Beach's purchase of Classic Collection Holidays now looks like a strategic masterstroke in light of the collapse of Thomas Cook. Brick-and-mortar travel agents in the United Kingdom lost a holiday supplier, and the company has a ready-made alternative on offer.

When Ryanair launched its holidays division, we said travel companies shouldn't lose too much sleep over it. We were right.

Thomas Cook might have been a victim of circumstance but it probably hasn't helped itself. It is caught between the asset-heavy approach of TUI and smaller, more nimble online rivals. It needs to get its house in order to ensure it doesn't keep repeating the same mistakes.

Jet2 has big ambitions for its leisure travel division and Brexit, plus other factors, have the potential to derail things. It makes planning for the future very difficult.

Periods of prolonged hot weather can hurt tour operators with potential customers staying at home or booking a domestic trip instead. However, it shouldn't be used as an excuse to mask other problems within a business.