Easyjet carries an extra 1mln passengers in September but load factor slips
A fall in load factor will be a disappointment for some, given that, in an era of low ticket prices, airlines need to get as many bums on seats as possible
Company
Wizz Air Holdings PLC
LON:WIZZ
Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 66 Airbus A320 and Airbus A321 aircraft, and offers more than 420 routes from 24 bases, connecting 119 destinations across 38 countries. At Wizz Air, a team of approximately 2,600 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 19.7 million passengers in the last 12 months. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ and is included in the FTSE 250 and FTSE All-Share Indices.
274 stories · page 11 of 14
Ryanair and Wizz Air report double digit passenger growth in September
The two budget airlines reported passenger growth year-on-year of 11% and 17.5% respectively
FTSE 100 finishes in negative territory; Royal Mail slumps - again
FTSE 100 was on the losing team all day and closed down over 21 points at 7,474
Archive
Ferguson to report robust full year sales growth as US construction market booms
The day ahead includes full year earnings from Ferguson and Revolution Bars
Archive
Jack’s store roll-out in focus as Tesco reports first half results
The week ahead includes Tesco interims, full-year earnings from DFS Furniture and Ferguson, an Electrocomponents trading update and the US non-farm payrolls report
Investments and investor services
EasyJet and Ryanair out of favour as Berenberg prefers long haul
BA-owner IAG is tipped to rise, whereas the outlook was seen to be less rosy for EasyJet and Ryanair.
easyJet and IAG report passenger and load factor growth in August
easyjet reported that passenger numbers for the month were up 5.6% at around 8.7mln compared to August 2017, while its load factor inched up 0.1 percentage points to 96.4%
Both Ryanair and Wizz Air report growth in passenger numbers in August
Both airlines reported that passenger numbers had risen compared to August 2017, although Ryanair retained a higher load factor of 97% compared to Wizz's 95.6%
FTSE 100 closes in red as BoE governor Carney could stay on and WPP plunges
Economists at ING said the August manufacturing data suggests “US business is weathering the protectionist storm for now"
Archive
WPP reports half-year results in wake of chief executive appointment
The day ahead includes interims from WPP, full year earnings from Redrow and a trading update from DS Smith
easyJet and Wizz Air passenger numbers lifted in July
FTSE 100 airline easyJet reported a 4.5% increase in passengers for July, while FTSE 250 constituent Wizz Air saw numbers jump 22.9% to around 3.47mln in the period
Investments and investor services
FTSE 100 closes higher, supported by gains in oil giants as crude prices rise
At the close, the UK blue chip index was 4.68 points higher at 7,663.78, just below the session peak of 7,681.86, having recovered from a low of 7,636.60
Archive
Ricardo slides as it estimates full-year profits will be at lower end of forecasts
A look at some of the biggest risers and fallers in London on Wednesday
Wizz Air sees earnings contract in first quarter as air traffic disruptions bite
The airline reported underlying earnings of €151.4mln for the period, down from €155.9mln in the same period last year, despite a growth in revenues to €553.4mln from €469.3mln
Investments and investor services
ITV, GlaxoSmithKline and Indivior to be among the highlights for Wednesday
Among Wednesday's names are ITV, GlaxoSmithKline, Indivior, and Tullow Oil
FTSE 100 closes firmly higher with miners taking the top spots
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
Overcapacity in Europe continues to weigh on Ryanair, easyJet, British Airways and Wizz Air
Tough competition, higher costs, labour strikes and Brexit are among the challenges facing European airlines
Archive
Investors looking for some thirst quenchers from Britvic, Fevertree, and Fuller's
Aside from the soft drinks firms and brewer, the day ahead on Tuesday includes updates from blue-chip real estate firm Hammerson and student acommodation group Unite
Archive
British Airways owner IAG to expand long-haul operations from Vienna with Level airline
IAG believes the Austrian market is still underserved despite experts raising concerns there could be casualties as a result of too many airlines competing against each other
Alexander Mining shares rise as it gets patent for leaching technology in Chile
A look at some of the top risers and fallers in London on Tuesday