Article

Jet2 plc has today announced that over 5,700 colleagues who joined its inaugural ShareSave scheme in 2022 are now in line for a total payout of over £58 millionⁱ, after the scheme matured on 1^st October 2025. 

The award-winningⁱⁱ scheme launched in August 2022, giving colleagues the opportunity to buy shares at a discounted price of £7.66 each. Following the scheme maturing, those who joined it can now either hold or sell, having benefitted from the strong growth in the company’s share price since the scheme launched. 

Based on the 84% rise in share price over the period from the option price of £7.66, the return on the amount invested by colleagues is more than £26 million. A colleague who had invested the average £227 a month in the three-year scheme stands to make a gain of approximately £6,922 from their £8,172 investment. Colleagues investing the maximum £500 a month stand to make a gain of approximately £15,261, if they opt to sell. 

On the back of the success of the inaugural scheme, Jet2 plc has since offered the opportunity for colleagues to participate in another three ShareSave Schemes. Following strong uptake, there are now over 8,900 colleagues taking part in these schemes enabling them to purchase shares at a 20% discount to the share price at the Scheme start date. 

Jet2 recognises colleagues’ efforts in delivering industry-leading levels of customer service which not only contribute to its successful operational and financial performance, but also regularly see Jet2.com and Jet2holidays receive praise and accolades for their Customer First ethos. Jet2 colleagues have received a compounded salary increase of 28% over the past four years, as well as benefitting from a Profit Share Scheme for non-management colleagues and a Bonus Scheme for management colleagues. 

Steve Heapy, CEO of Jet2 plc said: “We continue to grow and succeed by focusing on a simple philosophy of People, Service, Profits and we are delighted that our hard-working colleagues can share in the success that they helped create. Their passion and tireless dedication to delivering industry-leading levels of customer service is what drives our continued success, so we are incredibly pleased to see that effort rewarded through our ShareSave scheme.” 

Related articles

Jet2 announces appointment of new Chief Customer Officer

Thu 09 Oct 2025 | Announcements

Jet2.com celebrates 20 sunny years in Tenerife

Wed 08 Oct 2025 | Announcements