Jet2 plc, the parent company of the airline of the same name, organized itself with the help of bonds of 537,4 million pounds sterling. The group justified the measure with the fact that the lifting of travel restrictions by the United Kingdom government has stalled and financial consequences are expected.

As a tour operator, Jet2 has canceled almost all trips up to and including June 24, 2021 as a precaution. A stock exchange announcement said that they are satisfied with the new bookings for summer and winter 2021. Orders are already being received for the summer of 2022, and that would be "a reason for optimism".

Jet2 plc divided the bonds at £ 100.000 each. These bear interest at 1,625 percent, with the coupon due for payment in June and December 2021. "The proceeds from the issue of the convertible bonds will be used to further strengthen Jet2's balance sheet and to position the company for a strong recovery by lifting lockdown restrictions through fleet growth and fleet renewal opportunities," writes Jet2 plc in the stock exchange release. In the course of the corona pandemic, the group of companies organized around one billion pounds sterling in the form of loans and bonds.