Low-cost airlines Ryanair and Wizz Air carry more passengers in June
Dublin-headquartered Ryanair said its passenger numbers increased by 7% to 12.6mln in June 2018, up from 11.8mln at the same stage a year ago
Company
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.
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Dublin-headquartered Ryanair said its passenger numbers increased by 7% to 12.6mln in June 2018, up from 11.8mln at the same stage a year ago
The UK blue-chip benchmark closed up over 45 points higher at 7,593, while FTSE 250 added over 59 points at 20,665.
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The construction will be facing renewed focus after the surprise upward revision of UK Q1 GDP last week
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The week ahead will see quarterly results from Sainsbury's and AB Foods, trading updates from Bovis Homes and Persimmon, and full year earnings from SuperDry
Analysts at the Irish stockbroker upgraded their stance for Wizz Air to ‘outperform’ from ‘neutral’, citing the scope for 15% capacity and earnings growth over the next decade
Wizz Air reported a 22.1% increase in net profit to a record €275mln for the year to end of March 2018
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Kingfisher, Tate & Lyle, Talk Talk Telecoms and United Utilities are among the stand-out names in Thursday's schedule.
Concerns on margin pressures and upcoming results from competitors will likely lead to a review of the airline's prospects once the high of today's results wears off
Wizz Air's UK subsidiary started operations today with the first flight out to Bucharest
easyJet was forced to cancel more than 1,000 flights due to adverse weather conditions across Europe and a further 200 due to industrial action in France and Italy
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The day ahead includes March traffic from blue chip airlines easyJet PLC and British Airways owner International Airlines Group PLC, plus a trading update from Electrocomponents PLC
Wizz Air said it added nine new routes to and from Austria, and one new route to and from Bosnia and Herzegovina
The blue-chip benchmark closed up around three points at 7,034, with the big cap miners lagging
The heavy snowfall in many parts of the company will most likely have stopped Topps Tiles' like-for-like sales growth stone cold.
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The week ahead includes interims from Topps Tiles, traffic statistics from easyJet and IAG, a trading statement from Electrocomponents and the US non-farm payrolls report
Passenger numbers rose 4% to 5.5 million last month
Ryanair failed to lift its load factor in February for the first time in almost a year while IAG's grew and Wizz Air's declined
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FTSE 100 closed around 46 points higher at 7,115. Little brother FTSE 250 also gained ground - up over 180 points at 19,567.
Britain's top tier index closed around 54 points lower at 7,533