- Gatwick operations performed above expectations with seven aircraft allocated for summer 2027
- Jet2 hedged 93pc of jet fuel requirements at an average price of $753 per tonne
- Main Market listing targeted before March 2027 to enhance institutional visibility
- FTSE 250 inclusion represents the ultimate objective of the market transition
Jet2 has announced plans to move its share listing from London’s junior Alternative Investment Market to the Main Market of the London Stock Exchange before March 2027. The carrier reported summer bookings remained resilient despite wider industry pressures from higher fuel costs linked to Middle East disruption, with passenger bookings rising 8.8pc and seat capacity increasing by 7.6pc.
Summer trading saw seat capacity reach 19.9 million seats with load factors improving by 1.5 percentage points. Operations at London Gatwick performed above expectations, leading to an expanded fleet of seven aircraft allocated there for summer 2027. Jet2 hedged 93pc of its jet fuel requirements for the financial year at an average price of $753, alongside over 90pc foreign exchange coverage.
The transition from AIM to the Main Market is designed to enhance institutional visibility, improve liquidity, and open doors for potential FTSE index inclusion. The move brings higher compliance costs and more rigorous regulatory reporting frameworks, while certain retail investors may lose AIM-related inheritance tax exemptions. The listing is targeted for completion before the financial year ending March 2027.
