Wizz Air delivers optimistic outlook as summer trading starts well

25th Apr 2024 09:11

(Sharecast News) - Budget airline Wizz Air has said that it is "trading positively" into the summer with operating margins expected to improve this year, as it reported that annual profits for the year ended 31 March would be in line with previous guidance.

Read more

London close: Stocks mixed as investors watch Middle East newsflow

19th Apr 2024 16:56

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

Read more

London close: Stocks finish lower as ECB stands pat

11th Apr 2024 15:56

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more

London close: Stocks finish lower as US payrolls top forecasts

5th Apr 2024 15:22

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

Read more

Wizz Air passenger numbers grow further in March

3rd Apr 2024 07:23

(Sharecast News) - Low-cost airline Wizz Air said in an update on Wednesday that it transported 4,778,980 passengers in March, marking a 12% increase compared to the same period last year.

Read more

Wizz Air traffic rises but load factor hit by Israel disruption

4th Mar 2024 07:41

(Sharecast News) - Low-cost airline Wizz Air saw an acceleration in passenger growth in February but its load factors remained firmly below last year as a result of reallocated flights from Israel and ongoing issues related to the Pratt & Whitney GTF engine recall.

Read more

London close: Stocks manage gains despite UK recession news

15th Feb 2024 14:55

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

Read more

Deutsche Bank upgrades Wizz Air, hikes price target

14th Feb 2024 14:30

(Sharecast News) - Deutsche Bank upgraded Wizz Air to 'hold' from 'sell' on Wednesday and hiked the price target to 2,300p from 1,800p.

Read more

London close: Stocks mixed as US payrolls come in red-hot

2nd Feb 2024 16:59

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

Read more

Broker tips: Wise, easyJet, Wizz, BT

2nd Feb 2024 14:45

(Sharecast News) - Jefferies has upgraded its rating on money transfer specialist Wise to a 'buy' on the back of improving growth prospects.

Read more

Barclays upgrades easyJet, Wizz Air

2nd Feb 2024 11:56

(Sharecast News) - Barclays upgraded Wizz Air and easyJet on Friday as it cited "positive prospects" for European low-cost carriers.

Read more

Wizz Air January passenger numbers up 14%, but load factor falls

2nd Feb 2024 07:08

(Sharecast News) - Shares in Wizz Air surged on Friday as the low-cost airline reinstated routes to the Middle East and reported a 14.2% rise in January passenger numbers but load factor fell due to the conflict in Gaza and an increase in one-way traffic.

Read more

London close: Stocks turn green after US GDP release

25th Jan 2024 15:13

(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.

Read more

Wizz Air sees Q3 revenues jump despite cancelled Israel flights

25th Jan 2024 07:33

(Sharecast News) - Shares in Wizz Air fell on Thursday after the low-cost airline said it expects capacity - as measured by available seat kilometres (ASK) - to be flat next financial year.

Read more

Wizz Air pays out £1.2m in compensation claims after regulator probe

17th Jan 2024 08:44

(Sharecast News) - Wizz Air has been forced to pay out £1.2m to passengers whose claims for compensation were falsely rejected after flight delays in the chaotic summer of 2022.

Read more