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Transport

Wizz Air passenger numbers fall as nightmare week continues

Wizz Air Holdings PLC's (AIM:WIZZ) bad week continued on Friday as the budget airline revealed passenger numbers fell in July while its carbon emissions went up.

It follows a beating for its share price yesterday on a profit warning with interim results that followed it being rated the worst airline for customer service by consumer group Which?

Wizz carried 5.94 million passengers in July, down 1.4% from a year earlier with its load factor )or how full its planes are), also down 1% at 93.8%.

The central Europe-based airline has been hamstrung by problems with engines supplied by the GTF consortium, which caused a grounding of its A321neo fleet, while the Crowdstrike/Microsoft IT outage on 19 July disrupted 1% of its scheduled flights.

Carbon emissions also rose in July due to the engine issue with Wizz Air having to use what it said was a suboptimal fleet mix of older and lower gauge aircraft.

CO2 emissions per passenger kilometre compared to last July rose 2.3% to 51.8 grammes and by 0.5% rolling year-on-year.

Shares fell 1.9% to 1,456p, marking a 19% decline over the past five days.

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