Jet2 jump in profits amid rise in late bookings

JET2 is expected to deliver stronger profits for the past year amid a jump in holidaymakers booking last-minute trips.

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However, investors will be keen for more guidance from the company about how delays to plane deliveries and travel disruption will impact its performance in the new financial year.

The holiday operator and airline, which operates a number of flights out of East Midlands Airport, will report its finances for the year to March 31 today.

It is expected to reveal that profits have risen by as much as 10% to between £565 million and £570 million, having originally indicated profits of around £540 million late last year.