Member Info for dickpullar

Not easy to get out as the maximum sell HL has allowed has varied from £300 to £700 over the last week, hence folk selling in dribs and drabs.

Https://www.reuters.com/business/aerospace-defense/aircraft-shortages-turn-into-cash-bonanza-some-airlines-2024-05-31/

Very few investment updates in 2024 as no new cash to invest and all current investments are up the swanny.....the end is nigh

A few typos in my last post...should have gone to specsavers rather than rant

Solomkane..."splurging on planes" will reap billions fot jet2.

They have got their timing right by ordering at the right time and securing large discounts. Thete is a worldwide shortage of aircraft and the costs for new orderd have rocketed and are subject to long delays.

Wizzair have actually sold there new aircraft and leased them back to rake in millions.

Do some research before posing such dribble

We are over exposed to the middle east troubles with the expansion of flights and packages to Morocco Egypt and Tunisia for winter 24/25.

The update from the foreign office today advising caution will not help matters.

Can't sell as nobody wants them , we all know whats coming next....further dilution to pay the salaries or going bust.

Boeing is already well behind schedule with orders the strike action will be a devastating blow for airlines waiting for delivery of new aircraft between 2024-2026.

Our order with Airbus is going to plan and will seem like bargain of the century with worldwide shortage of aircraft.

https://www.bbc.com/news/articles/c8jlj3dnlw7o

All really depends on the level of discount hopefully it was only 5% of yesterdays high of 1499

I was just a bit dissapointed to see the fall this morning as was hoping to see 1500+ this week with momentum building. The kick in the teeth comment was an over reaction.

On reflection i agree with your comments.

All the best

Selling at a discount is just another form of share dilution for ordinary shareholders

A bit of a kick in the teeth for ordinary loyal shareholders as Meeson rakes in £73.5M!

"Jet2's founder and former chair has trimmed his stake in the Leeds-based airline and package holiday company in a share sale, transaction coordinator and bookrunner Jefferies said. Philip Meeson sold five million shares in Jet2 to a "limited number of institutional investors". The shares represent around 2.3% of Jet2's issued share capital. "Philip's rationale for the transaction has been driven by personal financial considerations alone. Philip believes that Jet2, as a market leader in the Holiday business and with its firm order for 146 Airbus A321 aircraft is ideally positioned to fully take advantage of a market with huge potential. He believes there is a great future for Jet2 and he expects to continue as a very substantial shareholder in Jet2 going forward," Jefferies said. Based on Jet2's closing price of 1,470.00 on Tuesday, the share sold a worth GBP73.5 million. Jet2 has a market capitalisation of around GBP3.16 billion."

Yep Jet2 holding load factors and prices with increased capacity, forward bookings also looking positive.

EZJ tend to trend to a similar pattern so hopefully all good.

Good positive transparent update, onwards and upwards.

I hope to see some significant late buys from institutional traders late this afternoon ahead of tomorrows update

Load factors for this summer and advance bookings for winter and summer 25 will determine if we go up or down.

Autins group could attract takeover bid providing us with a special dividend.

If shorts continue to close before then hopefully 1500p is a realistic target for July.

May was quite tough as predicted at last update. Load factors now improving and prices holding up well.

I expect a positive update during July to push up to 1500 and beyond.

Yes still a good buying opportunity this morning as mainly under the radar, this may change after today's investor presentation.

Jet2 has established longterm trusted relationships with the travel industry and is travel agents 1st choice tour operator.

Steve Heapy Jet2's CEO has been excellent and is well respected as he is a man of integrity. We could do with somebody of the same calibre at the top to allow sustained an profitable growth.