Published: Mon 14 Oct 2024 at 11:20
Jet2 plc, the Leisure Travel group, comprising Jet2holidays, the UK’s leading provider of ATOL protected package holidays to leisure destinations across the Mediterranean, Canary Islands and European Leisure Cities and Jet2.com, the UK's third largest airline by number of passengers flown, was named ‘AIM Growth Business of the Year’ at last night’s AIM Awards 2024.
The AIM awards, sponsored by BDO in association with the London Stock Exchange, identify those companies who have harnessed AIM to help them fulfil their ambitions and growth potential in the last twelve months. A coveted accolade for any AIM company is the AIM Growth Business of the Year Award, with the judging criteria as follows:
The winner will have achieved exceptional, consistent growth in turnover and profitability for at least the past three years. This growth will have been achieved through market disruption, and clear innovation in product or service, backed up by a sustainable growth strategy which has been implemented by a high quality management team.
With ESG having an ever-increasing importance, the organisers also widened the criteria this year to give full emphasis to ESG considerations – covering well known environmental issues, along with social issues and governance matters.
Jet2 plc was praised for recording another year of positive performance, making strong progress against its growth strategy, delivering record passenger numbers, revenues and profitability. Overall group revenue increased 24% and there was an increase in group profit before FX revaluation of 33%.
Jet2’s sustainability commitments were also highlighted, including its firm order of up to 146 Airbus A321neo aircraft, which have a 20% per seat reduction in fuel and carbon emissions and a 50% reduction in noise footprint compared to older aircraft, as well as its journey towards a minimum of 15% of Sustainable Aviation Fuel (SAF) in the fuel mix by 2035.
Gary Brown, Group Chief Financial Officer of Jet2 plc, who was presented with the award said: “We are very proud to have been awarded AIM Growth Business of the Year at this year’s AIM Awards. Our strategy remains consistent, which is to be the UK’s Leading and Best Leisure Travel Business, and this award is testament to our brilliant colleagues who work tirelessly to create countless positive memories for our customers.”
Pictured (left to right):
Tina Daheley, awards presenter
Marcus Stuttard, Head of AIM & UK Primary Markets, LSEG
Robin Terrell, Non-Executive Chairman, Jet2 plc
Gary Brown, Chief Financial Officer, Jet2 plc
Simon Blackaby, Investor, BGF (award sponsor)
Scott Knight, Leadership Team, Growth, Strategy and International, BDO
