All Wizz Air articles – Page 7
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News
Wizz 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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News
Wizz 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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Ryanair 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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Indigo 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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Wizz 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.
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News
Wizz to add new Italian base
Central European budget carrier Wizz Air is opening a new base at Palermo.
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Four-ship Welsh flypast marks Wizz Air UK’s upcoming Cardiff base
Four Wizz Air UK Airbus A321s have marked the upcoming opening of a Cardiff base by conducting a flypast of cities in south Wales. The aircraft formation departed London Luton between 13:45 and 14:00 on 6 March. Wizz Air UK says that, ahead of the base’s opening on 17 May, ...
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Wizz to close Trondheim base
Wizz Air is to close its recently opened Tronheim base as Covid-19 continues to disrupt air travel in Norway.
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News
Wizz to open Sarajevo base in May
Central European budget carrier Wizz Air is establishing a base in Sarajevo, in an effort to boost its market position in Bosnia and Herzegovina.
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News
Wizz Air optimistic that 2021 will be ‘transition’ year
Central European budget carrier Wizz Air is expecting travel limitations to continue impacting capacity levels over much of the its fiscal fourth quarter – the three months from January to March – but adds that 2021 will be a “year of transition” as restrictions ease. Wizz Air gave the outlook ...
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News
Wizz takes advantage of UAE-Israel ties to open Abu Dhabi-Tel Aviv
Wizz Air is the latest operator to take advantage of the political agreement between the United Arab Emirates and Israel, with plans to serve the Abu Dhabi-Tel Aviv route. The airline will open the connection on 12 February, through its new Middle Eastern division Wizz Air Abu Dhabi. This division, ...
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News
Ryanair, Wizz ended 2020 with traffic still in the doldrums
Low-cost carriers Ryanair and Wizz Air saw another month of heavy traffic decline in December, as respective passenger numbers fell by 83% and 80% against the same month in 2019.
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Wizz Air Abu Dhabi confirms Athens for first flight
Wizz Air’s new Abu Dhabi unit will operate its first flight on 15 January, to Greek capital Athens, part of an initial network of destinations across the Mediterranean and Caucasus regions. Services to another Greek city, Thessaloniki, will begin on 4 February, to be followed in the coming months by ...
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News
Wizz Air imposes post-Brexit share restrictions to slash non-EU ownership
Central European budget airline operator Wizz Air Holdings is to implement a plan to align its ownership structure to ensure it continues to meet European Union requirements once the UK’s withdrawal from the EU is finalised on 1 January. Wizz Air Holdings says that, if it does not take action, ...
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Airline Business
How many jobs have Europe’s airlines cut in 2020?
Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.
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News
Fresh Europe travel restrictions ‘worst possible timing’ for airlines: analysts
New restrictions on travel to and from the UK amid concerns over a new Covid-19 variant are the “worst possible timing” for airlines expecting a desperately needed boost in fortunes over the holiday period, in the view of analysts at Bernstein.
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Airline Business
Will Europe’s low-cost airlines lead the region out of the crisis?
The possibility that vaccines might begin to have a genuine impact on controlling the pandemic in Europe by the end of the first quarter of 2021 has changed the narrative.
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News
Wizz creates president role as it recruits senior EasyJet and Vueling executives
Former EasyJet commercial chief Robert Carey is to take up a newly-created role at budget carrier Wizz Air, serving as the company’s president. As part of the change, Wizz Air group chief operations officer Diederik Pen is to step down from his post, to be succeeded by budget carrier Vueling’s ...
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Opportunistic Wizz eyes UK leisure market chance
Wizz Air’s move to launch leisure routes from Cardiff airport next summer marks a further demonstration of how its UK unit is pivoting to take advantage of opportunities that have emerged in the past year.
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News
Ryanair wins Decade of Airline Excellence Award for Europe region
Recipient of the Decade of Airline Excellence Award for the Europe region, sponsored by Cirium.