Wizz Air Holdings (WIZZ)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

2,146.00p
   
  • Change Today:
      28.00p
  • 52 Week High: 3,158.00
  • 52 Week Low: 1,546.50
  • Currency: UK Pounds
  • Shares Issued: 103.36m
  • Volume: 294,965
  • Market Cap: £2,218.12m
  • RiskGrade: 205

Wizz Air announces four new bases, more than 50 new routes

By Michele Maatouk

Date: Friday 29 May 2020

LONDON (ShareCast) - (Sharecast News) - Wizz Air said on Friday that it will open four new bases in July, expanding its network in Italy, Cyprus, Albania and Ukraine and launching more than 50 new routes.
The low-cost airline will have five aircraft based at Milan Malpensa airport in Italy, with 20 new routes. It will also have two new aircraft at Larnaca in Cyprus, with 11 new routes. There will be one aircraft based in Lviv, Ukraine, with five new routes and three at Tirana in Albania, with 15 new routes.

Chief executive officer József Váradi said: "We see the potential to re-stimulate demand for low-cost travel and contribute to the vital recovery of tourism in these markets.

"With our new health and safety protocol designed to ensure that our customers and crew can fly safely, we are able to offer more affordable travel opportunities on our extensive network. Wizz Air's ultra-low cost business model and our strong balance sheet provide a significant competitive advantage in the current environment, while also making us a long-term structural winner in the aviation sector."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WIZZ Market Data

Currency UK Pounds
Share Price 2,146.00p
Change Today 28.00p
% Change 1.32 %
52 Week High 3,158.00
52 Week Low 1,546.50
Volume 294,965
Shares Issued 103.36m
Market Cap £2,218.12m
RiskGrade 205

WIZZ Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.72% below the market average22.72% below the market average22.72% below the market average22.72% below the market average22.72% below the market average
22.45% above the sector average22.45% above the sector average22.45% above the sector average22.45% above the sector average22.45% above the sector average
Price Trend
0.63% above the market average0.63% above the market average0.63% above the market average0.63% above the market average0.63% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Income Not Available
Growth
55.60% above the market average55.60% above the market average55.60% above the market average55.60% above the market average55.60% above the market average
42.31% above the sector average42.31% above the sector average42.31% above the sector average42.31% above the sector average42.31% above the sector average

What The Brokers Say

Strong Buy 4
Buy 4
Neutral 11
Sell 0
Strong Sell 2
Total 21
neutral
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 19-Apr-2024

Time Volume / Share Price
16:35 205,782 @ 2,146.00p
16:35 4 @ 2,146.00p
16:35 1,512 @ 2,146.00p
16:35 570 @ 2,146.00p
16:35 312 @ 2,146.00p

WIZZ Key Personnel

Chair William Franke
CEO Jozsef Varadi

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