Jet2 owner Dart takes £108m fuel hedge hit

The Daily Telegraph - Business - - Business -

Jet2 owner Dart Group took a £108.4m loss due to fuel hedges but re­ported re­sults that drew praise from an­a­lysts. Dart re­ported a 21pc rise in rev­enues to £3.6bn for the 12 months to the end of March, with its prof­its be­fore tax dip­ping 11pc to £256.1m af­ter the ex­cep­tional charge. Like most air­lines, the group sus­pended its oper­a­tions in mid-March.

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