Wizz Air sees widening operating loss in Q4 on ongoing travel uncertainty
"Despite the short-term headwinds, we are cautiously optimistic for a continued recovery into spring and near-full utilisation from summer onwards," said CEO József Váradi
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.
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Wednesday preview: Wizz Air Holdings, CMC Markets, Pets at Home Group
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Wizz Air prices €500mln bond offering
The budget airline will be using the funds for general purpose activites
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Wizz Air orders up to 196 new fuel-efficient planes to be delivered this decade
With these new orders and potential orders, the company's current delivery backlog is for 429 planes
Wizz Air to turn a loss again amid volatile demand, higher investments
The airline is preparing for next year's peak season, with trading hit by foreign exchange and commodity prices as well
WizzAir to fly at full capacity in August as travel recovers
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Wizz Air looks to 2023 for air travel recovery
Losses at the Central Europe-focused carrier scored to €567mln
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Wizz Air results set for flyby on quiet Wednesday
Aside from the budget carrier, Harry Potter publisher Bloomsbury will also be delivering finals, while the macro diary will see a sprinkling of data in the form of mortgage figures from both the UK and the US
Wizz Air remains favoured as JPMorgan slashes airline company forecasts
The broker has made significant cuts to forecasts for the current year for Wizz Air, Ryanair and easyJet. Wizz Air is the only stock it currently feels positive about.
Wizz Air sees gradual recovery this summer as losses mount
Losses for the year just ended are expected to be in a range of €570-590mln
Travel stocks tick higher amid reports of vaccine passport plans
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Wizz Air posts 82% plunge in monthly passengers numbers
Capacity plummeted 73% due to travel restrictions across its markets
Wizz Air swings to quarterly loss as 2021 to be year of transition
In the three months to December 31, the number of passengers flying plummeted 77%
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FTSE 100 loses ground as traders abandon airline stocks over lockdown pessimism
In the US, the S&P 500 and the Nasdaq outperformed the Dow as earnings optimism appeared to outweigh nervousness about the coronavirus