Why Dart Group’s shares are soaring

The quiet growth of low-cost airline Jet2 has taken both competitors and investors by surprise – unless you were looking in the places most fund managers ignore.

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Jet2: promises good service and peace of mind
(Image credit: JET2HOLIDAYS)

When I flew to Amsterdam from Stansted last month, I noticed a Jet2.com plane outside the departure lounge. It was a small sign that one of my investments was still performing as I'd hope to see not in a financial sense, but in a business sense. As such, it was an example of the approach to investment that famed small-cap manager Peter Lynch (see below) calls "kicking the tyres".

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Richard Beddard

Richard Beddard founded an investment club before joining Interactive Investor as an editor at the height of the dotcom boom in 1999. in 2007 he started the Share Sleuth column for Money Observer magazine, which tracks a virtual portfolio of shares selected for the long-term by Richard. His career highlights include interviewing Nobel prize winners, private investors and many, many company executives. 

 

Richard is freelance writer who invests in company shares and funds through his self-invested personal pension. He has worked as a teacher and in educational publishing, and is a governor at University Technology College, Cambridge. He supports the Livingstone Tanzania Trust, a charity supporting education and enterprise in Tanzania. 

 

Richard studied International History and Politics at the University of Leeds, winning the Drummond-Wolff Prize for "distinguished work in the field of international relations".