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Dart Group reports solid bookings into next year

Fri, 04th Mar 2016 15:52

(ShareCast News) - Dart Group was looking on solid ground on Friday, with the company updating the market on its expectations for the current and next financial years.The AIM-traded leisure travel, and distribution and logistics group, which operates Jet2 Airways, said operating profit for the year ending 31 March 2016 would be slightly ahead of current market expectations, as a result of lower-than-anticipated winter losses.Looking ahead, forward bookings in Dart's leisure travel business for summer 2016 were promising, supported by an increasing number of package holiday customers as a proportion of overall customers."Over 50% of the season has already been sold, which is ahead of the same stage last year," the company's board said in a statement.Trading volumes at Fowler Welch, Dart's distribution and logistics business, were also described as encouraging, with the division focusing on growing and developing existing and new opportunities."Although it is still early in the leisure travel booking cycle, and notwithstanding challenges in the Eastern Mediterranean, given current booking momentum the board expects operating performance for the year ending 31 March 2017 to be broadly in line with the current year," Dart Group's board explained.
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9 Oct 2019 19:01

UPDATE 1-British Airways adds Turkey destination after Thomas Cook collapse

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9 Oct 2019 16:25

British Airways launches new Turkish route after Thomas Cook collapse

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9 Oct 2019 09:30

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1 Oct 2019 14:10

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1 Oct 2019 14:10

UPDATE 1-Ryanair can bide its time for better plane deals, says O'Leary

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27 Sep 2019 11:42

UPDATE 1-Turkey will make up for tourists lost in Thomas Cook collapse -minister

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25 Sep 2019 17:15

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25 Sep 2019 15:26

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23 Sep 2019 17:15

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23 Sep 2019 17:00

LONDON MARKET CLOSE: Thomas Cook Collapse Helps FTSE Avoid Steep Loss

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23 Sep 2019 15:48

Strains that sank Thomas Cook weigh on European airlines

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23 Sep 2019 15:36

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