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Jet2 Profit Warning Triggers Airline Sector Downturn
Jet2's profit warning, driven by rising costs including a £25 million increase due to the UK Budget's minimum wage hike and a £20 million increase due to sustainable aviation fuel mandates, caused a 10.7 percent share price drop, impacting the broader airline and market indices.
Jet2 Profit Warning Triggers Airline Sector Downturn
Jet2's profit warning, driven by rising costs including a £25 million increase due to the UK Budget's minimum wage hike and a £20 million increase due to sustainable aviation fuel mandates, caused a 10.7 percent share price drop, impacting the broader airline and market indices.
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