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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Wizz Air Holdings Plc | WIZZ | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| -28.00 | -1.66% | 1,662.00 | 16:35:28 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,715.00 | 1,658.00 | 1,717.00 | 1,662.00 | 1,690.00 |
| Industry Sector |
|---|
| TRAVEL & LEISURE |
| Top Posts |
|---|
Posted at 25/2/2025 17:51 by 31337 c0d3r WIZZ AIR MARKS 10 YEARS ON THE LSEAND LAUNCHES NEW XLR ROUTE FROM LONDON TO MEDINA Ticker: WIZZ LONDON, 25th February 2025: Wizz Air, one of the most sustainable European airlines, today celebrates the 10th anniversary of its listing on the London Stock Exchange (LSE), and announces that it will be the first airline to offer a direct flight between London Gatwick and Medina in Saudi Arabia. The new route, which launches on 1st August 2025, is Wizz Air's second from the UK using the longer-range Airbus XLR aircraft, with its first flight scheduled from London Gatwick to Jeddah in Saudi Arabia on 31st March. By launching this route, the airline will facilitate more than 174,000 seats per year to Medina, making the holy city, which is famous for its religious tourism, more accessible than ever. The extended reach and efficiency of the brand-new Airbus XLR aircraft supports Wizz Air's continued growth across the Middle East where the airline already has an extensive network. Wizz Air currently serves more than 100 destinations across the region, including a base in Abu Dhabi. A decade on the London Stock Exchange Over the past 10 years, Wizz Air has significantly expanded its operations through the creation of four airlines, reinforced financial resilience, and positioned itself as an industry leader in delivering the lowest fares and lowest emissions intensity *. Since its initial public offering (IPO) in 2015, Wizz Air has significantly strengthened its liquidity position, expanded its fleet from 54 to over 200 aircraft, and increased passenger numbers from 19 million to over 60 million annually. The airline group's listing has played a critical role in its evolution, providing access to one of the world's largest and most sophisticated capital markets. As geopolitical and supply chain uncertainties ease, Wizz Air is well positioned for strong growth, underpinned by a significant order book, as well as fleet expansion and revenue diversification plans, and is targeting passenger growth of 15-20% annually. With a disciplined cost structure, well capitalised balance sheet and strong liquidity, Wizz Air remains well positioned to navigate market fluctuations and is committed to delivering long term shareholder value. Strategic Investments in Sustainability and Sustainable Aviation Fuel (SAF) Wizz Air is the airline with the lowest emissions intensity per passenger per kilometre globally. This is the result of its strategic investments in Sustainable Aviation Fuel (SAF), and fleet renewal activities to replace older generation aircraft with Airbus A321 NEO aircraft, which bring both economic and sustainability benefits. The airline has an aspiration to power 10% of its flights with SAF by 2030. Over 60% of the Company's fleet is now Airbus A320neo family aircraft with an average age of 4.6 years. Wizz Air's target of 25% reduction in CO2 emissions by 2030 is supported by technological advancements in its aircraft and engines. |
Posted at 07/2/2025 16:40 by crazi BUZZ – Wizz Air rises as HSBC upgrades to 'buy' on strong Eastern European demand10:41 * Shares of Hungary-based airline company Wizz Air up 5.4% at 1,580p, among top gainers on London's midcaps index * Brokerage HSBC upgrades rating to "buy" from "hold" * Raises PT to 1,900p from 1,150p, implying an upside of 26.9% to stock's last close * HSBC analysts expect co's revenue to grow as demand for air travel in its core market, Eastern Europe, is growing faster than supply * Analysts note that WIZZ plans to increase frequency of its flights, which is likely to reduce airport charges, and increase asset utilization and crew productivity * Analysts say increase in WIZZ's fleet over the years will allow co to compete and secure better slots at Eastern Europe airports, which have limited capacity |
Posted at 30/1/2025 07:19 by trader465 Wizz Air's Q3 results show both positive and negative aspects:Positive Aspects: Revenue Growth: Total revenue increased by 10.5% (€1,176.8m vs. €1,064.8m in Q3 2023). Passenger Traffic: Record 15.5 million passengers carried (+2.6% YoY). Improved Load Factor: Increased to 90.3% (+2.7ppt YoY). Strong EBITDA Growth: €157.1m, up 740% compared to last year. Fuel Cost Reduction: Fuel cost per available seat kilometer (CASK) down 16.3%. Operational Improvements: On-time performance increased to 75.5% (vs. 72.2% last year). Cash Balance: Strong at €1.6 billion. Negative Aspects: Net Loss Worsened: Increased to €241.1m (vs. €105.4m last year, a 128.7% increase). Higher Costs: Ex-fuel CASK increased 16.8%, mainly due to maintenance costs. GTF Engine Issue: 40 aircraft expected to be grounded over FY26 due to Pratt & Whitney (P&W) GTF engine problems. Foreign Exchange (FX) Loss: A €160m negative impact from currency fluctuations. Debt Increase: Net debt rose to €5.14 billion (+7.3%). Pratt & Whitney (P&W) Engine Issue: The GTF engine problem continues to impact operations, grounding ~20% of Wizz Air's fleet. A new commercial support agreement with P&W was signed for 2025-2026, covering direct costs of grounded aircraft. Access to spare engines and maintenance slots is being negotiated, with a decision expected by the end of Q1 2025. Fleet growth projections were reduced, with 305 aircraft expected by 2028 (previously 380). Conclusion: Despite strong revenue and operational performance, Wizz Air is struggling with rising costs, net losses, and the ongoing P&W engine issue. The company remains optimistic about future growth but faces significant financial and operational challenges in the near term. |
Posted at 12/12/2024 10:14 by sandeep67 Hope you shorted. bwhahahahahahBernste |
Posted at 03/12/2024 07:53 by 31337 c0d3r Geneva, 3 December 2024: Wizz Air Holdings Plc ("Wizz Air"), one of the most sustainable European airlines, announces passenger and CO2 emission statistics for November 2024.Wizz Air carried 4.84 million passengers during the month of November, a 1.7% increase year on year. Seat capacity was down 1.7% YoY, resulting in a load factor of 91.5%, up 3.1ppts on last year's load factor of 88.4%. |
Posted at 06/11/2024 09:38 by crazi PRESSR: Wizz Air Abu Dhabi inaugurates its first flight to Chisinau, an undiscovered gem06:24 Abu Dhabi, UAE: Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE and the second largest airline in Abu Dhabi, is celebrating the inauguration of its exciting route between Abu Dhabi and Chisinau. The thrice-weekly service, operating on Wednesday, Friday, and Sunday provides affordable, hassle-free, point-to-point travel for tourists and residents in the UAE, Moldova and across the region. Tickets are on sale on wizzair.com (hxxps://wizzair.com Wizz Air is pleased to expand its Winter schedule, adding 40 percent more flights on its most popular Winter destinations. |
Posted at 04/11/2024 20:51 by crazi Wizz Air (LSE:WIZZ) reported an increase in passengers and capacity in October, carrying 5.6 million people, 4.1% more than last year. Capacity increased by 3.7%, with a load factor of 92.9%.During the month: - Wizz Air announced on October 21st that it will open a temporary base in Chisinau, Moldova, commencing direct connections to 16 destinations from December 16th. - Wizz Air also officially opened its new €38m training centre in Rome Fiumicino on October 1st, with the facility able to provide recurrent training for over 4,800 pilots a year. - While still one of the leading airlines in terms of lower emissions per passenger, October saw CO2/RPK emission increase by 1.9% YoY, to 51.6 grams/RPK. This reflected flying a suboptimal fleet mix due to the GTF related groundings of some of Wizz Air's A321neos. With that said, this was an improvement on the 52.3g of CO2/ RPK emitted in September. - Wizz also announced on October 21st that it is collaborating with Airbus in a SAF trial on its Barcelona to Budapest (BCN-BUD) and Brussels Charleroi to Budapest (CRL-BUD) routes. Excellent news for 2025 - Patience... |
Posted at 04/9/2024 08:05 by 31337 c0d3r RNS Number : 8686CWizz Air Holdings PLC 04 September 2024 WIZZ AIR CONFIRMS FIRST XLR ROUTE Ticker: WIZZ Geneva, 4 September 2024: Wizz Air Holdings Plc ("Wizz Air"), one of the most sustainable European airlines, has announced a new direct route from Milan to Abu Dhabi, the first route to be confirmed for the airline's new Airbus A321XLR (Extra Long Range) aircraft. The aircraft will be based in Milan Malpensa, and from 2 Jun 2025 Wizz Air will operate the new direct route between Milan and Abu Dhabi as a daily service, a flight over 7 hours, making it more accessible than ever before with fares that are 70% lower than the current competitors' offer. This is the first Wizz Air route to leverage the Airbus A321XLR's extended range and efficiency, which has the potential to revolutionize intercontinental travel. The strategic decision to base the Airbus A321XLR in Milan reflects Wizz Air's commitment to strengthen its Italian network and expand its reach. Speaking at a press conference in Milan earlier today, József Váradi, CEO of Wizz Air, said: "The Airbus A321XLR is the most cost-efficient aircraft of its class and, given the enhanced range capability, it enables Wizz Air to connect the furthest destinations in its network and further expand it, connecting cultures and continents. We're excited to unlock unbeatable fares for our customers on the newly announced route to Abu Dhabi, while offering the most sustainable option for flying. We are already flying several 5-6 hour long ultra-low-cost routes with great satisfaction to our customers, and the XLR will extend our outstanding value proposition to 7-8-hour long flights." Wizz Air is anticipating the delivery of 8 Airbus A321XLR aircraft in CY2025, of a total of 47 on order. |
Posted at 03/9/2024 06:13 by besty46 WIZZ AIR CARRIED A RECORD 6.2 MILLION PASSENGERSTicker: WIZZ Geneva, 3 September 2024: Wizz Air Holdings Plc ("Wizz Air"), one of the most sustainable European airlines, announces passenger and CO2 emission statistics for August 2024. Wizz Air carried a record 6.2 million passengers during the month of August at an improved load factor of 95.4% (vs 94.1% last year), despite operated seat capacity being down 0.4% YoY due to the Pratt & Whitney GTF engine-related groundings. |
Posted at 02/6/2023 06:50 by 31337 c0d3r RNS Number : 4224BWizz Air Holdings PLC 02 June 2023 MAY 2023 TRAFFIC AND CO2 EMISSION STATISTICS WIZZ AIR CARRIED 5.0 MILLION PASSENGERS, AN INCREASE OF 22% YEAR-ON-YEAR Ticker: WIZZ Geneva, 2 June 2023: Wizz Air Holdings Plc ("Wizz Air"), the fastest growing and one of the most sustainable European airline s , today announces passenger and CO(2) emission statistics for May 2023. In May 2023, Wizz Air carried 5,026,575 passengers, representing a 22.1% increase compared to May 2022, at a load factor of 90.2%. Wizz Air continued to grow its network and improve its customer offering in May, including: -- Wizz Air announced significant growth in the Polish market, adding the 11 (th) aircraft to its Warsaw base and further expanding its route network from other Polish bases. New routes will include: Gdansk to Copenhagen, Tenerife and Alicante ; Katowice to Copenhagen and Alicante ; and Wroclaw , Malaga and Krakow to Valencia ; -- Wizz Air announced further expansion from Albania, allocating another aircraft to its Tirana base (11(th) aircraft). This newest addition is enabling the launch of three unique direct routes to Bremen , Valencia and Thessaloniki, as well as increased frequencies on ten other routes ; -- Wizz Air announced the launching of two new routes from London Gatwick airport to Prague and Hurghada. It also announced an addition of 800,000 seats to Catania, Italy, adding a fourth aircraft to the base, which will serve seven new routes and add frequencies to nine existing ones; -- Wizz Air announced further expansion from North Macedonia, allocating a sixth aircraft to the base in Skopje. Scheduled for the upcoming autumn and winter, Wizz Air will launch two new routes from Skopje, while increasing frequencies on nine existing routes; -- Wizz Air announced that it operated five flights from Budapest Airport with a 37% blend of Neste MY Sustainable Aviation Fuel(TM) produced from renewable waste and residue raw materials supplied by MOL, an oil and gas company based in Hungary. This project supports efforts to reduce CO(2) emissions and prepares the fuel supply system at Budapest Airport ahead of EU SAF blending mandates; -- Wizz Air continuously operates the lowest CO(2) emissions per passenger/km among all competitor airlines, with 52.9 grams per passenger/km for the rolling 12 months to 31 May 2023. For the month of May, CO(2) emissions were 52.1 grams per passenger/km (8.9% lower compared to same month last year). |
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