Wizz Air passengers surge despite engine dispute Business Wizz Air passengers jumped above five million in December 2024, a two per cent increase from last year, even as the company was forced to ground dozens of its planes due to engine issues. The FTSE 250 carrier reported 5.06m customers throughout last month, despite a 3.1 per cent drop in seats from last December [...]
Socialists won’t stop my bumper bonus, says Wizz Air boss Aviation Varadi is blunt at times and tough to decipher, but his backstory is undeniably impressive. The 59-year-old speaks to City AM in Rome.
Wizz Air: Huge shareholder revolt over plans to hand boss bumper bonus Transport and infrastructure Wizz Air has suffered a huge shareholder revolt against its plans to hand its chief executive a bumper pay deal. The airline is looking to give Jozsef Váradi a restricted share award which would represent 300 per cent of his £710,534 salary. The listed company has argued that Váradi’s compensation doesn’t reflect a unique “parade [...]
Short sellers circle Wizz Air amid share price struggles September 23, 2024 The latest data from S & P shows shares out on loan represent 13 per cent of Wizz Air's stock available for trading.
Wizz Air to tap Middle East demand with long range Airbus jets September 10, 2024 The Hungarian airline is the first ultra low-cost carrier to operate the Airbus A321XLR, which has a range of 4,700 nautical miles.
Ryanair and Wizz Air smash passenger records as summer travel demand booms September 3, 2024 Low-cost rivals Ryanair and Wizz Air reported record passenger numbers in August as travel demand booms in the peak summer period.
British Airways and Wizz Air suspend flights to Israel amid escalation August 25, 2024 British Airways and Wizz Air flights between the UK and Israel have been cancelled following an escalation of hostilities in the Middle East overnight. British Airways has halted its flights between Heathrow and Tel Aviv in both directions between Sunday and Wednesday, the airline said. Wizz Air also said it is “temporarily suspending” flights to [...]
Will Wizz Air’s flight subscription take the brand to new heights? August 22, 2024 Wizz Air recently announced an “all you can fly” offer for £534 per year. It’s a splashy move, and it’s provoked some scepticism among industry analysts. But will it prove a hit with air travellers? Data from YouGov Surveys shows that just over a third of Britons who have travelled by air (36 per cent) [...]
Why is Wizz Air training pilots using virtual reality? We went to Budapest to find out August 20, 2024 Join City A.M. in Budapest, Hungary, as we visit Wizz Air's pilot training centre. The budget carrier is using Airbus-developed virtual reality to train new pilots.
Wizz Air passenger numbers dip as engine issues constrain capacity August 2, 2024 Wizz Air has been forced to constrain capacity due to long-running issues with the engines of some of its aircraft.