Jet2.com parent company Dart Group said its first half pre-tax profit is expected to be ahead of the same time last year.
But the aviation and distribution company cautioned that increased losses are expected in the second half of the year as a result of continued growth of the firms’ activities.
Budget carrier Jet2.com had a “satisfactory summer” despite the Icelandic ash cloud, with improved yields and load factors and an “encouraging” first summer of operations from East Midlands airport.
The airline saw improved yields and load factors in six months to the end of September. Jet2.com recently announced its eighth northern base, with the addition of Glasgow for summer 2011.
“Our ATOL protected holidays company, Jet2holidays.com, continues to grow strongly by meeting customer demand for attractively priced package holidays from local airports,” Dart said in a trading update prior to the release of its interim financial results on November 18.