Jet2 shares slump on warning of later bookings and higher costs - Costs include hotel accommodation, National Insurance Contributions and delayed plane deliveries

Jet2 is forecasting that profits will rise in 2025 but has also issued a warning of headwinds ahead as costs increase.

The travel company, which also warned of the delayed delivery of new planes, said it expects the consumer environment to remain challenging in the near term

British travel company Jet2 on Wednesday forecast annual profit to rise by 8%-10% and said seats sold for the summer season were 8.5% higher than last year. The company, which offers scheduled flights and package holidays,