Susannah Streeter, chief investment strategist at Wealth Club, said: “Fresh geopolitical uncertainty risks denting the confidence of holidaymakers once again, but this worry hasn’t thrown Jet2 shares off course.
“They’ve risen more than 12 per cent this morning as investors have cheered results showing super-strong summer demand, with capacity 7.7 per cent ahead of last year.
“Its strategy of focusing on value is proving a powerful draw, with cost-conscious consumers still prioritising their annual escape despite lingering global tensions.
“Bookings are running 7.1 per cent ahead of this point last year, while fuller planes and targeted price investment are helping to keep momentum flying.
“Hitting the top end of profit guidance has reinforced confidence that Jet2’s nimble operating model is helping it navigate choppier skies, and the announcement of a fresh £250 million share buyback has provided an extra tailwind for the shares.”
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