Jet2 PLC said full-year profit will be in line with market expectations as it prepares to open its new London Gatwick base next month.
The package holiday specialist expects operating profit for the year to end-March 2026 to match consensus forecasts of £439 million. That includes around £10 million of promotional and start-up costs linked to the Gatwick launch in late March.
Winter 2025-26 seat capacity is 5.5 million, up 7.4% on the previous winter. Pricing has followed a similar trend to last summer, with marketing spend reinvested into fares.
Looking ahead to the 2027 financial year, on-sale capacity for this summer is 20 million seats, up 8.0% and against a backdrop of 5.5% estimated UK market growth for short and mid-haul beach destinations.
Booked passengers are up 7.9%, including around a quarter of a million at Gatwick. The mix of package holidays is broadly in line with last year.
Chief executive Steve Heapy said: "We are very pleased with how the 2026 financial year is concluding, and are excited about the commencement of operations at London Gatwick."
He said he was "satisfied" with summer bookings to date and remains "committed to pricing that is attractive and represents real value to our customers".
Jet2 will report full-year results in early July.