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Ryanair and Wizz Air report double-digit passenger growth in December

Ryanair reported passenger numbers of 10.3mln for December, up 12% year-on-year while its load factor was at 95%
Ryanair and Wizz Air planes
Wizz Air reported passenger numbers for the month had risen 18.3% YOY to around 2.6mln

Budget airlines Ryanair Holdings PLC (LON:RYA) and Wizz Air Holdings PLC (LON:WIZZ) have reported double-digit growth in passenger numbers for the month of December.

Ryanair reported passenger numbers for the month of 10.3mln, up 12% year-on-year (YOY) while its load factor was at 95%.

READ: Wizz Air and Ryanair report traffic growth in November as latter inks agreement with German pilot’s union

This was broken down to 10mln passengers for its main Ryanair division, up 9% YOY, and 0.3mln passengers for its Laudamotion arm.

On a rolling annual basis, the firm said it had carried 139.2mln passengers, up 8% YOY wit over 81% of its 57,000 scheduled December flights arriving on time.

Meanwhile, Wizz Air reported passenger numbers for the month had risen 18.3% YOY to around 2.6mln while the load factor increased 1.3 percentage points (ppts) to 88.8%.

In the rolling 12 months, Wizz Air passenger numbers were up 19.6% at 33.8mln while the load factor rose 1 ppt to 92.4%.

The group also increased its capacity in December by 16.5% to 2.99mln and added 14 new routes.

In early trading Thursday, Ryanair shares were up 0.1% at 10.5p while Wizz Air shares were up 1.6% at 2,798p.

--Adds share price--

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