Wizz Air Holdings (WIZZ)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

2,020.00p
   
  • Change Today:
    -96.00p
  • 52 Week High: 3,113.00
  • 52 Week Low: 1,546.50
  • Currency: UK Pounds
  • Shares Issued: 103.36m
  • Volume: 480,069
  • Market Cap: £2,087.89m
  • RiskGrade: 205

Wizz Air April passenger numbers hit by engine recall, early Easter

By Frank Prenesti

Date: Thursday 02 May 2024

LONDON (ShareCast) - (Sharecast News) - Hungary-based Wizz Air reported a fall in passenger numbers in April after it was forced to ground some aircraft for engine replacement.


Passenger numbers fell by 0.3% to 4.9 million, while the load factor was 0.6 percentage points lower at to 90.3% year on year.

The budget carrier has been forced to ground 45 Airbus aircraft as GTF engines supplied by Pratt & Whitney were recalled.

"Capacity operated during the month was nearly flat year-on-year, reflecting the impact from GTF engine-related grounded fleet," Wizz said in its monthly traffic update.

"Load factor came in slightly lower verses last year, impacted by the earlier Easter weekend causing the seasonal rise in outbound travel to fall in the prior month."

Wizz added that it had converted its entire fleet based at Luton airport to new generation Airbus A321neos a year earlier than planned as it looks to target powering 10% of its flights with sustainable aviation fuel by 2030.

Reporting by Frank Prenesti 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 2,020.00p
Change Today -96.00p
% Change -4.54 %
52 Week High 3,113.00
52 Week Low 1,546.50
Volume 480,069
Shares Issued 103.36m
Market Cap £2,087.89m
RiskGrade 205

WIZZ Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
24.34% below the market average24.34% below the market average24.34% below the market average24.34% below the market average24.34% below the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average
Price Trend
36.07% below the market average36.07% below the market average36.07% below the market average36.07% below the market average36.07% below the market average
38.18% below the sector average38.18% below the sector average38.18% below the sector average38.18% below the sector average38.18% below the sector average
Income Not Available
Growth
57.43% above the market average57.43% above the market average57.43% above the market average57.43% above the market average57.43% above the market average
39.62% above the sector average39.62% above the sector average39.62% above the sector average39.62% above the sector average39.62% above the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 11
Sell 0
Strong Sell 2
Total 22
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 17-May-2024

Time Volume / Share Price
16:35 8,056 @ 2,020.00p
16:35 8,056 @ 2,020.00p
16:35 178,267 @ 2,020.00p
16:35 327 @ 2,020.00p
16:35 245 @ 2,020.00p

WIZZ Key Personnel

Chair William Franke
CEO Jozsef Varadi

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