Wizz Air Holdings PLC - Budapest-based budget airline - Intends to file an application for its subsidiary in Malta to be granted an air operator's certificate and an operating license with the EU Aviation Safety Agency and Malta Civil Aviation Directorate respectively. Will form a new airline subsidiary in Malta, Wizz Air Malta, and operations could start in October. Read More
(Alliance News)- Wizz Air Holdings PLC said on Tuesday it signed a memorandum of understanding with the Ministry of Investment of Saudi Arabia in bid to explore airline market development opportunities. Read More
(Alliance News) - The FTSE 100 was marching higher on Tuesday morning with a broad-based rally leaving only a handful of stocks in the red. Read More
(Alliance News) - Stocks in London were pointed to open higher on Tuesday, shaking off a heavy rout in New York on Monday, as investors worry about rising interest rates, China's strict Covid lockdown measures, and the looming risk of recession. Read More
(Alliance News) - International Consolidated Airlines Group SA on Friday promisingly said it expects to post its first post-pandemic annual profit, though a plan to moderate capacity growth plans was a sticking point for investors. Read More
Wizz Air Holdings PLC - Budapest-based budget airline - Carries 3.6 million passengers in April, multiplying from just 953,094 in the pandemic-struck April a year ago and up 44% from March this year. Wizz says its load factor in April is 83.4%, up from 59.2% a year ago but down from 86.2% in March. On a rolling 12-month basis, Wizz Air carries 30.1 million passengers, nearly triple the 10.7 million a year before, with a 79.3% load factor, up from 63.6%. Wizz notes it added to its network last month, buying two daily slot pairs at London Luton Airport from Vueling, part of International Consolidated Airlines Group SA. It also launched its new base at Cardiff Airport in Wales, with nine new routes. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Friday: Read More
(Alliance News) - A potential tie-up between easyJet PLC and Wizz Air Holdings PLC is something that may need to be "re-visited", analysts at Davy said on Monday, with the duo not having enough firepower alone to compete with Ryanair Holdings PLC. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - European equities grew in confidence on Thursday, helped by a dovish European Central Bank, while in New York, headlines were dominated by banking earnings and a hostile attempt by Tesla boss Elon Musk to acquire all of microblogging platform Twitter. Read More
(Alliance News) - Trading remained cautious in Europe at midday on Thursday, with an equally indifferent open seen in the US, as investors remained in 'wait and see mode' ahead of the European Central Bank and a glut of US bank earnings. Read More
(Alliance News) - Wizz Air Holdings PLC on Thursday said it expects a widened annual loss but is preparing for strong demand over the upcoming summer season. Read More
(Alliance News) - Europe's blue chip benchmarks were searching for direction at the open on Thursday as investors gear up for the latest European Central Bank rate decision. Read More
(Alliance News) - Stocks in London are set for a cautious open on Thursday to close out the shortened week as all eyes shift to Frankfurt before the Easter break. Read More
(Alliance News) - Equities in Europe weakened on Tuesday, with banking stocks among those leading the declines, though markets in New York opened strongly after the latest US inflation reading came in hot, but not as robust as some had feared. Read More
(Alliance News) - Stocks in Europe got off to a slow start on Tuesday as investors remained cautious of surging inflation ahead of a likely hot US inflation print in the afternoon. Read More
(Alliance News) - European markets started an abbreviated trading week with trepidation on Monday, ahead of a key few days on the inflationary and central bank front. Read More
(Alliance News) - Wizz Air Holdings PLC on Monday said passenger numbers substantially increased in March and its load factor was also considerably higher year-on-year. Read More
(Alliance News) - Stocks in London are seen opening higher on Monday following a positive close on Wall Street on Friday, as investors continue to eye developments in Ukraine. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More