Jet2 plans move to Main Market as summer demand stays strong
Jet2 has announced plans to delist from AIM and list on London’s Main Market, alongside a trading update showing sustained demand for its package holidays.
The package holiday operator and airline said it intends to join the Main Market’s commercial companies category before the end of its current financial year. It described the move as a natural next step reflecting its scale and growth, and said a Main Market listing would raise its profile with a wider range of UK and international institutional investors.
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Over the past decade, its revenue has grown at a compound annual rate of 19% and has outgrown AIM. It is the second-largest company by market cap on AIM, behind Greatland Resources.
It will be the latest company to ditch AIM for one reason or another as the junior index continues to dwindle. The prominence of Jet2 will be a real blow.
On trading, Jet2 said demand had held up well throughout the peak summer period. Seat capacity for summer 2026 is 7.6% higher than a year earlier at 19.9 million seats, with passengers booked to date up 8.8% and load factors 1.5 percentage points ahead of last year. It noted that customers were continuing to book closer to departure.
Its newer London Gatwick base is performing ahead of expectations, helped by a stronger mix of package holidays, and the company will increase the number of aircraft based there to seven for summer 2027. Early bookings for the coming winter show capacity up 8%, again led by Gatwick.
The group added that it had hedged 93% of its jet fuel needs for the year at an average of $753, and more than 90% of its currency requirements, giving it a high degree of cost certainty.
