Wizz Air Holdings (WIZZ)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

1,275.00p
   
  • Change Today:
    -41.00p
  • 52 Week High: 2,536.00p
  • 52 Week Low: 1,161.00p
  • Currency: UK Pounds
  • Shares Issued: 103.39m
  • Volume: 300,004
  • Market Cap: £1,318.23m
  • RiskGrade: 205
  • Beta: 1.01

Wizz Air set to launch Gatwick-Jeddah route

By Josh White

Date: Tuesday 10 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Wizz Air is set to launch the first budget flights between the UK and Saudi Arabia next year, it emerged on Tuesday..
The FTSE 250 low-cost airline would begin a new service between London Gatwick and Jeddah on 31 March 2025, using its new Airbus A321XLR long-range aircraft.

Wizz Air had 47 A321XLR aircraft on order, with the single-aisle jet offering enhanced fuel efficiency and longer range, with the capability of up to 11 hours of flight.

According to PA, Wizz Air chief executive officer Jozsef Varadi, highlighted the strategic importance of the route, calling it a step forward in connecting distant destinations while providing affordable travel options.

The airline was reportedly aiming to offer highly competitive fares, with prices starting at £134.99 for the seven-hour flight, which would operate overnight on outbound journeys.

IAG brand British Airways was also launching a service from Heathrow to Jeddah in November, PA added.

At 1146 BST, shares in Wizz Air Holdings were up 0.5% at 1,201p.

Reporting by Josh White for Sharecast.com.

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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 1,275.00p
Change Today -41.00p
% Change -3.12 %
52 Week High 2,536.00p
52 Week Low 1,161.00p
Volume 300,004
Shares Issued 103.39m
Market Cap £1,318.23m
Beta 1.01
RiskGrade 205

WIZZ Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.17% below the market average90.17% below the market average90.17% below the market average90.17% below the market average90.17% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Price Trend
67.11% below the market average67.11% below the market average67.11% below the market average67.11% below the market average67.11% below the market average
77.36% below the sector average77.36% below the sector average77.36% below the sector average77.36% below the sector average77.36% below the sector average
Income Not Available
Growth
56.08% above the market average56.08% above the market average56.08% above the market average56.08% above the market average56.08% above the market average
51.02% above the sector average51.02% above the sector average51.02% above the sector average51.02% above the sector average51.02% above the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 10
Sell 1
Strong Sell 3
Total 23
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 21-Nov-2024

Time Volume / Share Price
16:06 1 @ 1,286.00p
16:27 145 @ 1,284.00p
16:25 62 @ 1,282.00p
16:06 25 @ 1,286.00p
15:48 17 @ 1,281.00p

WIZZ Key Personnel

Chair William Franke
CEO Jozsef Varadi

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