Wizz Air May passenger numbers soar
2nd Jun 2016 08:06
(ShareCast News) - May passenger numbers at Central and East European low cost carrier Wizz Air soared 21.8% to 2.17m with a year-on-year rise of 20.7% to 20.5m. Capacity in May was up 20.3% month on month to 2.17m seats with a 18.9% jump to 23.3m from the same time last year. Load factor was up to
Read moreWizz Air's full year profits soar but first quarter to be hit by early Easter
25th May 2016 09:10
(ShareCast News) - Wizz Air reported on Wednesday a 53% jump in full year underlying net profit to €224m as revenue gained. Revenue in the year to 31 March 2016 rose 16% to €1.42bn, driven by 21% growth in passengers carried to 20 million and capacity expansion with 12 new aircraft. The load factor
Read moreWizz Air passenger numbers and load factor up in April
4th May 2016 09:18
(ShareCast News) - Wizz Air posted a rise in passenger numbers and load factor for April on Wednesday. The Eastern Europe-focused low-cost carrier reported a 15.8% increase in passenger numbers in April to 1.78m. Meanwhile, the load factor - which measures how full the planes are - edged up to 86.5
Read moreWizz Air passenger numbers up 21% in March
5th Apr 2016 07:34
(ShareCast News) - Eastern Europe-focused low cost carrier Wizz Air reported another month of sizeable passenger growth for March, as it expanded its network and customer offering even further. The Hungary-based airline saw a total of 1,660,061 passengers take to the skies in its pink-hued planes in
Read moreWizz Air flying through strong fourth quarter
23rd Mar 2016 07:36
(ShareCast News) - Low-cost carrier Wizz Air was eyeing up a solid end to the financial year on Wednesday, with the Hungarian company claiming the strong performance seen in the first nine months had continued into the final quarter. In a pre-close trading update, the FTSE 250 airline said a combina
Read moreWizz Air traffic up 22% in February; new CFO announced
2nd Mar 2016 10:05
(ShareCast News) - Hungarian low-cost airline Wizz Air carried 1.41m passengers in February, up 21.7% on the same month last year. Meanwhile, the load factor - which gauges how many seats were actually taken up on flights - rose to 86.4% from 83.7%. On a rolling 12-month basis, passenger numbers we
Read moreWizz Air adds leisure experience of Susan Hooper to board
25th Feb 2016 11:38
(ShareCast News) - Wizz Air added a veteran of the leisure industry and executive world to its board on Thursday, with the appointment of Susan Hooper as a non-executive director from 1 March. The FTSE 250 low-cost airline with a focus on Central and Eastern Europe said Hooper would also serve on Wi
Read moreWizz Air expands again in January
2nd Feb 2016 07:30
(ShareCast News) - January was another month of expansion for Wizz Air, with the fast-growing operator of more than 400 routes seeing capacity and passenger numbers expand during the month. The FTSE 250 low-cost airline, with a focus in Eastern Europe, saw capacity increase to 1,823,600 in January -
Read moreWizz Air's net profit dips but company upgrades outlook
27th Jan 2016 07:37
(ShareCast News) - An increase of 23% in passenger numbers during Wizz Air's third quarter has seen the airline post a substantial rise in underlying net profit, and improved its guidance for the year. In the three months to 31 December, underlying net profit rose to €17.2m (£13.0m) from €3.6m, howe
Read moreBarclays downgrades easyJet, tags RyanAir as 'top pick'
12th Jan 2016 14:20
(ShareCast News) - Airlines might be set to trounce analysts' earnings forecasts courtesy of the oil price at 12-year lows, although there were some risks in the marketplace, Barclays told clients on Tuesday. The market could be expected to take a "cautious" view on the 'temporary' boost to profits
Read moreWizz Air flies into 2016 with record passenger numbers
5th Jan 2016 07:32
(ShareCast News) - Wizz Air flew into 2016 with record passenger numbers, as the burgeoning Hungarian airline continued its rampant expansion plans. The FTSE 250 low-cost airline - the largest in central and eastern Europe - saw total capacity in the rolling 12 months to 31 December 2015 increased b
Read moreWizz Air November passenger numbers grow
3rd Dec 2015 07:15
(ShareCast News) - Low-cost airline Wizz Air carried 1.49m passengers in November, up 25.5% from the same month last year. The airline, which focuses on Central and Eastern Europe, reported a load factor - a gauge of how many seats were actually taken up - of 83.6%, up from 82.9%. On a rolling 12 m
Read moreWizz Air's interim profit flies high as traffic increases
4th Nov 2015 08:29
(ShareCast News) - Budget airline Wizz Air posted an increase in interim profit, driven higher by an increase in the number of passengers it carried in the period. In the six months to 30 September, the carrier posted a 16% year-on-year increase in pre-tax profit to €190.9m (£123.8m), while revenue
Read moreFTSE 250 movers: Miners and energy stocks rally; Wizz Air crashes
7th Oct 2015 13:46
(ShareCast News) - London's FTSE 250 index was down 0.2% at 17,101.89 just after 1400 BST, underperforming the broader market. Miners were firmly on the front foot as metals prices advanced and the sector got a boost from an upbeat note by Morgan Stanley. The bank upgraded its stance on the European
Read moreWizz Air's traffic takes off in September
5th Oct 2015 08:08
(ShareCast News) - Budget airline Wizz Air posted a sharp increase in passenger traffic last month. The Central and Eastern Europe-focused airline carried 1.8m passengers last month, a 22% year-on-year increase, while its load factor, a gauge indicating how many seats have been filled on an aircraft
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