Wednesday preview: Reserve Bank of India, Wizz Air Holdings in focus
7th Jun 2022 15:01
(Sharecast News) - The market spotlight in the middle of the week may fall on the Reserve bank of India as rate-setters in New Delhi meet to decide on policy.
Read moreWizz Air passenger numbers surge in May
6th Jun 2022 07:24
(Sharecast News) - East Europe-focused budget carrier Wizz Air on Monday reported soaring passenger numbers for May as travel started to recover from the Covid pandemic.
Read moreWizz Air planning to set up Maltese subsidiary
17th May 2022 11:05
(Sharecast News) - Wizz Air said on Tuesday that it was planning to set up a Maltese subsidiary.
Read moreWizz Air eyes potential expansion into Saudi Arabia
10th May 2022 07:44
(Sharecast News) - Low-cost carrier Wizz Air has inked a memorandum of understanding with the Ministry of Investment of the Kingdom of Saudi Arabia that will see the pair explore airline market development opportunities in the Kingdom.
Read moreWizz April passenger numbers soar
3rd May 2022 07:40
(Sharecast News) - East Europe-focused budget airline Wizz Air reported a 542% annual rise in April passenger traffic and said it had added new routes from Cardiff and Luton in the UK.
Read moreBernberg lowers target price on Wizz Air
20th Apr 2022 10:22
(Sharecast News) - Analysts at Berenberg slashed their target price on low-cost carrier Wizz Air from 4,400.0p to 3,500.0p on Wednesday, stating it was sitting on its hands despite a recent pullback in share price.
Read moreSector movers: Travel and Leisure boosted as airlines put pandemic behind them
14th Apr 2022 19:26
(Sharecast News) - Travel stocks paced gains on the stock market at the end of the holiday-shortened week, led by WizzAir after the Eastern Europe-focused low cost carrier told investors that it was putting the pandemic behind it.
Read moreWizz Air sees better-than-expected Q4, higher summer bookings
14th Apr 2022 07:11
(Sharecast News) - East European low-cost carrier Wizz Air said it was expecting to ramp up capacity beyond pre-pandemic levels for its summer schedule as it forecast a better-than-expected final quarter.
Read moreSector movers: Inflation worries drag on stocks, Defence issues wanted
11th Apr 2022 16:49
(Sharecast News) - Cyclical issues fared worst at the start of the week amid ongoing heightened concerns around the war in Ukraine and its potential duration.
Read moreWizz Air passenger numbers surge in March
4th Apr 2022 07:07
(Sharecast News) - Low-cost airline Wizz Air said on Monday that it had carried 2.47m passengers in March, a 416% increase year-on-year.
Read moreCiti and Morgan Stanley 'mixed' on outlook for airlines
29th Mar 2022 15:40
(Sharecast News) - Analysts at Citi and Morgan Stanley sounded a mixed note on the outlook for airlines.
Read moreDeutsche Bank downgrades IAG and Wizz Air to 'hold'
24th Mar 2022 10:29
(Sharecast News) - Analysts at Deutsche Bank downgraded British Airways parent International Airlines Group and low-cost carrier Wizz Air from 'buy' to 'hold' on Thursday, stating they were now pricing in "a more turbulent outlook".
Read moreWizz suspends Russian and Ukrainian flights
2nd Mar 2022 08:25
(Sharecast News) - Wizz Air confirmed it had suspended all flights to and from Russia and Ukraine on Wednesday, as it looked to evacuate staff and planes following Russia's invasion of Ukraine.
Read moreRyanair, Wizz suspend Ukraine flights as Russia invades
24th Feb 2022 09:54
(Sharecast News) - Budget airlines Ryanair and Wizz have suspended flights between the UK and Ukraine after Russian troops invaded the east European country in the early hours of Thursday.
Read moreEuropean airlines and staples have greatest sensitivity to escalation in Ukraine-Russia crisis, Deutsche says
23rd Feb 2022 08:08
(Sharecast News) - The exposure of most European companies' sales and profits to Russia is "not material" but the same cannot be said of their sensitivity to higher energy costs.
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