Wizz Air shares nosedive as engine troubles hammer profits August 1, 2024 Operating profit fell from €79.9m to €44.6m, well below analyst expectations of €171m, in a poor set of results for the airline.
Wizz Air: We are not the worst airline in the UK (after being voted the worst, again) July 31, 2024 The Hungarian budget carrier has repeatedly come out bottom of the pile of a number of Which? surveys assessing the UK airline industry.
Wizz Air to report bump in profits and rising ticket fares despite budget airline jitters July 28, 2024 Analysts have forecast an operating profit of €171m (£144m) for the Hungarian budget carrier, up from last year's €79.9m.
Is the post Covid boom over? A reality check for Ryanair, Easyjet, Wizz Air and Jet2 July 23, 2024 Monday saw shares in Easyjet, Wizz Air, Jet2 and British Airways owner the IAG plunge dramatically after an unexpectedly poor set of results from Ryanair.
Shares in Ryanair rivals Easyjet, Wizz and Jet2 slump after Michael O’Leary’s warning July 22, 2024 "Fares are now moving materially lower than the prior year and pricing… continues to deteriorate," Ryanair's boss Michael O'Leary said in a presentation announcing its latest results.
Why passengers should think twice before flying with British Airways this summer July 8, 2024 British Airways cancelled 4,033 flights from UK airports in the last twelve months, equating to 2.3 per cent of the industry's total.
Wizz Air faces shareholder row over £15m exec payout plan June 23, 2024 Wizz Air is facing yet another shareholder row over plans to pay out millions to top executives without any performance strings.
Easyjet, Ryanair and Wizz Air slam EU plans to exempt long-haul flights from new emissions rules June 19, 2024 Three of Europe's biggest budget airlines have hit out at new draft EU proposals to exempt long-haul airlines from rules that would require them to monitor their non-CO2 emissions.
Wizz Air is the UK’s least punctual airline for the third year running while Virgin among the best June 13, 2024 The budget airline's flights from British airports were on average 31 minutes and 36 seconds behind schedule in 2023.
Wizz Air carried 5.1m passengers in May despite engine issues dragging on capacity June 4, 2024 Wizz Air carried 5.1m passengers in May ahead of a busy summer but capacity is still being impacted by issues with its Pratt and Whitney engines.