Thousands of Jet2 Staff Receive £58m Employee Share Plan Payout

Jet2 has announced that over 5,700 employees who joined its inaugural ShareSave scheme in 2022 are set to receive a collective payout exceeding £58 million following the scheme's maturation in October 2025. The employees were able to purchase shares at a discounted price of £7.66, and an 84% increase in the share price since then has generated returns totaling more than £26 million on their investments. Individual gains vary, with average investors potentially making around £6,922 and those investing the maximum monthly amount standing to gain approximately £15,261 if they sell their shares. Jet2 CEO Steve Heapy emphasized that the company's success is driven by its employees' dedication to customer service, and the ShareSave schemes are a way to reward their contributions. Despite this positive financial news, Jet2 recently cautioned about a challenging market environment, having reduced its winter flight program and adjusted earnings forecasts accordingly. The company has also launched additional ShareSave schemes, currently involving over 8,900 employees, allowing continued opportunities for staff to invest in the company's growth.