All Wizz Air articles – Page 6
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NewsNew Wizz Air UK chief to guide budget carrier from adversity to diversity
Prising an airline from the grip of the pandemic is quite the in-tray task for a newly-appointed managing director. But Wizz Air UK’s new leader, Marion Geoffroy, who brings her long experience as an aviation lawyer to the role she assumes from former head and fellow lawyer Owain Jones, believes ...
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AnalysisHow European airline capacity expectations are shaping up
As the easing in Covid travel restrictions and vaccination roll-out across Europe slowly progresses, airlines in the region have been mapping out how quickly to ramp up capacity.
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NewsEurope’s airlines cautiously embrace signs of strong demand recovery
News that flight numbers in Europe exceeded Eurocontrol’s best-case scenario in July reflects the beginnings of a strong demand recovery in the region.
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NewsFlight numbers in Europe exceeded best-case scenario in July: Eurocontrol
Air traffic in European airspace exceeded Eurocontrol’s “optimistic” scenario in July, with flight numbers at 65% of 2019 levels.
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NewsWizz Air lifts aircraft utilisation as it aims for summer landmark
Budget carrier Wizz Air is expecting to increase daily aircraft utilisation to 10h as it ramps up operations over the summer. Chief executive Jozsef Varadi says the rise in utilisation means the airline is “getting closer” to its pre-crisis figure of 12h and more. The airline is maintaining that it ...
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AnalysisLow-cost players raise pressure in ‘groundhog day’ Italian market
Low-cost carriers may already hold a strong grip on the short-haul European market from Italy, but it is not stopping them from expanding their presence this summer.
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NewsRyanair and Wizz record highest loads in June since summer 2020
European budget carriers Ryanair and Wizz Air in June recorded their strongest months for passenger traffic since last summer as markets in the region began to ease Covid travel restrictions.
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AnalysisWill Europe’s airlines see a strong recovery in the second half of 2021?
As the second quarter draws to a close, there are signs that the second half of the year holds more promise for short-haul travel at least
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NewsWizz Air expects to exceed pre-Covid capacity this summer
Pan-European low-cost operator Wizz Air expects to exceed its pre-crisis capacity in the upcoming peak summer period.
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NewsHSBC upgrades European low-cost carriers as restart gathers pace
The easing of border restrictions across Europe has led HSBC to upgrade its ratings for the major European low-cost carriers, in the expectation that the positive newsflow will rapidly increase earnings over the coming year.
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NewsWizz adds Naples base as Italian focus continues
Central European low-cost carrier Wizz Air is continuing its expansion in Italy by launching an operation at Naples, the latest in a series of bases it has added in the country since the pandemic hit.
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NewsWizz Air persists with fleet renewal despite travel crisis
Wizz Air ended the latest fiscal year with more aircraft in its fleet than it had forecast a year previously, despite the impact of the air transport crisis. The budget carrier had expected its fleet to expand from 121 to 131 aircraft over fiscal 2020-21 but the figure actually reached ...
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NewsWizz plots course to full recovery but restrictions threaten more losses
Wizz Air chief Jozsef Varadi is warning that the company is likely to turn in a net loss for 2021-22 unless there is an “accelerated and permanent” lifting of pandemic restrictions. Varadi gave the outlook as the airline unveiled full-year net losses for 2020-21 of €576 million ($704 million), as ...
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NewsWizz continues Italian push by launching Rome Fiumicino base in July
Central European low-cost carrier Wizz Air is to open a four-aircraft base at Rome Fiumicino airport from July.
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NewsRyanair and Wizz traffic well below pre-crisis levels despite April improvement
Ryanair and Wizz Air carried slightly more passengers in April than in March though traffic remains vastly down on pre-crisis levels as travel restrictions across Europe continue. The low-cost operators are the first airlines in Europe to disclose traffic data for April. Ryanair carried 1 million passengers in April 2021, ...
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NewsWizz Air expects gradual late-summer traffic recovery
Central European budget carrier Wizz Air is expecting to turn in a net loss of €570-590 million ($680-700 million) for the full year. The company puts the underlying loss, for the year to 31 March 2021, at €475-495 million – the difference being a €95 million loss relating to discontinued ...
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NewsWizz Air UK experiencing few effects from UK’s EU withdrawal
Withdrawal of the UK from the European Union has not substantially affected Wizz Air UK’s operations, the airline has disclosed in its latest full-year financial statement. Wizz Air UK was set up in 2017 following the UK ‘Brexit’ referendum on leaving EU membership, and the withdrawal was completed at the ...
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NewsRyanair and Wizz again flew fewer than a million passengers in March
Ryanair and Wizz Air carried fewer than 1 million passengers between them in March for the second month in a row, with heavy restrictions on international travel bringing the European aviation sector to a virtual standstill.
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NewsIndigo Partners raises £400m after selling more Wizz shares
Indigo Partners has sold just over half of its 17.5% stake of ordinary shares in European budget carrier Wizz Air through a placement to institutional investors.
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NewsWizz Air UK to have four A321neos by end of May
Wizz Air’s UK operation will have four new Airbus A321neos in its fleet by the end of May after today carrying out its first flight with the Pratt & Whitney GTF-powered narrowbody.