All Wizz Air articles – Page 7
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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.
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NewsWizz to add new Italian base
Central European budget carrier Wizz Air is opening a new base at Palermo.
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NewsFour-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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NewsWizz 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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NewsWizz 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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NewsWizz 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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NewsWizz 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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NewsRyanair, 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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NewsWizz 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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NewsWizz 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, ...