By Frank Prenesti
Date: Monday 04 Jul 2022
(Sharecast News) - Low-cost carrier Wizz Air almost trebled passenger numbers last month as more people resumed travelling as Covid restrictions eased.
The company on Monday said it carried 4,340,115 passengers, a 179% increase year on year, at a load factor of 86.1%, up 22.1 percentage points.
Wizz also announced it will be returning to a systemic jet fuel hedge policy "given the sustained and ongoing volatility in commodity prices".
Wizz Air has decided to reinstate a hedging policy and will be aligning it to those of its peers.
Reporting by Frank Prenesti at Sharecast.com
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