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Prices & Quotes - UK Markets - Wizz Air Holdings (WIZZ)

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Share Price:
Up 3,454.00p
Change Today:
172.00p
Market Cap:
2,951.15m
Sector:
Travel & Leisure

Wizz Air Abu Dhabi venture to start on October 1

By Frank Prenesti

Date: Monday 13 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Wizz Air said its Abu Dhabi joint venture would start operations on October 1 with six new routes connecting the UAE capital with Europe and Egypt.
The venture between the Hungarian budget carrier and Abu Dhabi state holding company ADQ, will use two new Airbus A321neo aircraft , with an initial network of six new routes to Alexandria, Athens, Kutaisi, Larnaca, Odesa and Yerevan.

Four more A321 aircraft will be allocated in the first six months of operation, with the route network on these aircraft to be announced in due course, Wizz said on Monday.

Wizz Air currently has five additional routes to Abu Dhabi on sale from Bucharest, Budapest, Cluj-Napoca, Katowice and Sofia.

The ne Abu Dhabi routes would add an annual capacity of 350,000 seats, it said.

"Our A321neo aircraft, as well as our enhanced protective measures, will ensure the best possible sanitary conditions for travellers," said chief executive Jozsef Varadi, referring to the coronavirus pandemic sweeping the world.

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WIZZ Market Data

Currency UK Pounds
Price 3,454.00p
Change Today 172.00p
52 Week High 4,496.00p
52 Week Low 2,006.00p
Volume 297,995
Shares Issued 85.44m
Market Cap 2,951.15m

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What The Brokers Say

Strong Buy 12
Buy 1
Neutral 7
Sell 0
Strong Sell 1
Total 21
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WIZZ Dividends

No dividends found

Trades for 20-Oct-2020

Time Volume / Share Price
16:36 113 @ 3,454.00p
16:36 10 @ 3,454.00p
16:36 1,772 @ 3,454.00p
16:36 1,500 @ 3,454.00p
16:35 74,619 @ 3,454.00p

WIZZ Key Personnel

Chair William Franke
CEO Jozsef Varadi