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 passenger numbers rise but load factors dip

By Josh White

Date: Wednesday 02 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Wizz Air reported a 3.9% year-on-year increase in passenger numbers for September on Wednesday, carrying 5.76 million passengers during the month.
The FTSE 250 low-cost carrier said that despite engine-related groundings of its more efficient Airbus A321neo fleet due to issues with Pratt & Whitney GTF engines, it managed to increase seat capacity by 4.8%, though load factors dipped slightly to 91.7%, down from 92.4% in September last year.

For the second quarter, Wizz Air saw seat capacity rise by 1.2% year-on-year to 19.11 million, while passenger numbers grew by 1.1% to 17.90 million.

The company also highlighted its ongoing expansion, as it announced new routes in the month for its Airbus A321XLR aircraft, which would operate daily services between London Gatwick and Jeddah, and Milan Malpensa and Abu Dhabi, starting next summer.

However, the airline recorded an increase in carbon emissions per passenger kilometre.

Emissions per revenue passenger kilometre rose 2.5% year-on-year to 52.3 grams, a result of the less efficient fleet mix following the grounding of newer aircraft.

At 0803 BST, shares in Wizz Air Holdings were down 1,24% at 1,350.02p.

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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