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

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Share Price:
Up 3,164.00p
Change Today:
40.00p
Market Cap:
2,703.37m
Sector:
Travel & Leisure

Wizz Air flies 41% fewer passengers in August

By Sean Farrell

Date: Wednesday 02 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Wizz Air's passenger numbers fell 41% in August as the budget airline reduced capacity and filled fewer seats during the Covid-19 crisis.
Passenger numbers dropped to 2.38m from 4.04m a year earlier as seat capacity fell to 3.36m from 4.19m. Load factor, which measures available seating filled, declined to 70.9% from 96.3%.

The company, which claims to have the lowest CO2 emissions among its peers, said emissions per passenger per km rose 24% because of the sharp decline in load factor.

The Budapest-based airline said it bought four new Airbus A320neo planes in August to expand its fleet to 130. The planes' Pratt & Whitney engines reduce noise and oxide emissions by about half compared with earlier craft and cut fuel burn by 16%, it said.

Wizz is seeking to expand during the Covid-19 crisis as bigger competitors struggle. If it can secure the landing and takeoff slots Wizz wants to have 20 planes at London's Gatwick airport, Chief Executive Jozsef Varadi has said.



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WIZZ Market Data

Currency UK Pounds
Price 3,164.00p
Change Today 40.00p
52 Week High 4,496.00p
52 Week Low 2,006.00p
Volume 152,892
Shares Issued 85.44m
Market Cap 2,703.37m

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What The Brokers Say

Strong Buy 11
Buy 1
Neutral 8
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 29-Oct-2020

Time Volume / Share Price
16:35 43,871 @ 3,164.00p
16:29 6 @ 3,178.00p
16:29 12 @ 3,178.00p
16:29 7 @ 3,178.00p
16:29 137 @ 3,176.00p

WIZZ Key Personnel

Chair William Franke
CEO Jozsef Varadi