All Wizz Air articles – Page 4
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NewsWizz Air predicts ‘long-term’ Saudi role as it connects nine more European points
Low-cost carrier Wizz Air has announced a string of new routes between Europe and Saudi Arabia as it seeks to play its part in the kingdom’s ambitions to expand its aviation sector.
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NewsWizz Air sets up new committee to assist with safety compliance oversight
Budget carrier Wizz Air is setting up a new internal committee intended to support oversight of practices and performance relating to safety and security. The airline says the new safety, security and operational compliance committee will be chaired by Charlotte Pedersen. Pedersen, a non-executive director who has been on the ...
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NewsBudget carrier Wizz Air names new chief financial officer
Central European budget carrier Wizz Air has named Ian Malin as its new chief financial officer, following the decision by Jourik Hooghe to step down. Malin will join the airline from the beginning of October. He has formerly served in finance roles with tenures at companies including KPMG, Allco Finance ...
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NewsFormer Ryanair executive returns to Malta with Wizz Air
Wizz Air has announced that its new Maltese subsidiary will be led by former Ryanair executive Diarmuid O Conghaile. The low-cost group expects to launch the new unit “later this year”, it said on 15 August, with O Conghaile becoming managing director from 1 November, having stepped down from his ...
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NewsRyanair exceeded pre-Covid passenger numbers by 2 million in July
Ryanair continued to reach new traffic highs in July, as it served 16.8 million passengers – some two million more than it recorded for the same month of 2019 and 0.9 million up on the previous all-time record seen in June this year. The Irish carrier and budget rival Wizz ...
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NewsWizz Air maintains pace of fleet-expansion programme
Budget carrier Wizz Air is maintaining its fleet-expansion programme, although it is prepared for potential disruption from supply-chain issues. It added eight new Airbus A321neos during the quarter while returning four A320s at the end of their leases. The changes take Wizz’s fleet to 157 aircraft. “Our fleet programme remains ...
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NewsWeaker currency forces Wizz to absorb €140m foreign-exchange loss
Weakening of the euro against the US dollar generated a foreign-exchange impact of €140 million which exacerbated budget carrier Wizz Air’s losses over the first quarter. Wizz Air turned in an operating loss of €284 million ($289 million) for the three months to 30 June. But a revaluation of US ...
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Airline BusinessAirlines turn to baggage-only flights and onboard ground-handlers
As the second-quarter financial results season kicked off this week, there was a striking comment from Delta Air Lines about the measures it is taking to combat operational challenges.
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NewsBleak prognosis for UK’s Doncaster Sheffield airport after Wizz axes base
Operators of the UK’s regional Doncaster Sheffield airport have embarked on a strategic review to consider its future after admitting that the facility will struggle to achieve profitability. The airport made a full-year operating loss of £16.2 million ($19.2 million) loss in 2018-19, and a loss of £6.8 million in ...
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NewsWizz Air cuts back summer capacity to contain operational disruption
Budget carrier Wizz Air is limiting summer capacity growth to around 35% compared with the pre-crisis level, in order to reduce risks of operational disruption over the peak period. The airline says it has “further improved the agility and resilience of our network”, measures which include adjusting schedules where a ...
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NewsRyanair and Wizz record highest traffic months in June
Expanding European low-cost carriers Ryanair and Wizz Air both saw traffic levels soar in June, underlining their return to growth since the pandemic.
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NewsWizz Air revisits fuel-hedging policy dropped during pandemic
Budget carrier Wizz Air is embarking on a return to fuel hedging having abandoned the policy during the pandemic in order to avoid future losses. Coverage levels are likely to range from 65% in the first quarter of the hedging horizon to 15% in the last. The airline says it ...
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NewsGatwick airport caps summer flights amid operational woes
Gatwick airport will cap the number of flights operated from the facility in July and August, as it attempts to overcome the operational challenges that have dogged the air travel recovery in markets including the UK’s.
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NewsWizz Air safety row with unions re-ignites after Varadi ‘fatigue’ remarks
Budget carrier Wizz Air is insisting that is not jeopardising safety, in response to a video recording of chief executive Jozsef Varadi apparently urging personnel to reduce disruption arising from calling in fatigued. While the European Cockpit Association, which has obtained the video recording, is claiming that Varadi was effectively ...
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Airline BusinessCan airline travel disruption be resolved this summer?
The operational issues being seen in several markets are threatening to define the sector’s emergence from Covid-19 in some regions – potentially beyond the short term.
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NewsWizz continues to switch Airbus commitments to A321neo
Wizz Air has converted 21 Airbus A320neo commitments to the A321neo, a further shift of its single-aisle backlog towards the higher-capacity variant. The airline disclosed, as it released full-year final results, that it formalised the conversion in May. Deliveries of these aircraft will be carried out over the course of ...
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NewsWizz optimistic on restoring low cost levels as inflation adds to airline misery
Central European budget carrier Wizz Air is expecting the current fiscal year to be one “marked by high inflation”, as it looks to return to pre-crisis cost levels and improve its competitiveness. Wizz Air turned in a full-year net loss of €642 million ($686 million) – higher than the previous ...
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NewsWizz Air to explore hydrogen fleet operations through Airbus collaboration
Central European budget carrier Wizz Air is to explore the potential for hydrogen-powered aircraft operations under an agreement with Airbus. The two sides have signed a memorandum covering analysis of hydrogen operations, intended to provide the carrier with a “deeper understanding” of how such aircraft could change its business model, ...
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NewsWizz Air to establish Maltese unit
Central European budget carrier Wizz AIr plans to establish a Maltese airline unit later this year.
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NewsWizz Air aims to explore Saudi Arabian air transport potential
Central European budget carrier Wizz Air has signed a preliminary agreement with Saudi Arabian authorities aimed at looking into potential for airline expansion in the Middle Eastern state. The memorandum of understanding, it says, reflects a “shared vision” between the two sides on the potential for Wizz to “stimulate new ...