19th Feb 2019 12:45
LONDON (Alliance News) - Wizz Air Holdings PLC on Tuesday said Chief Commercial Officer George Michalopoulos sold 5,000 shares at GBP32.30 each on Monday.
Michalopoulos's holding in the budget airline following the GBP161,500 deal has not been disclosed.
Shares in Wizz Air were down 0.6% at 3,224.00p on Tuesday.
Also on Tuesday, French investment bank Societe Generale SA cut its Wizz Air rating to Hold from Buy, while raising competitor airline Ryanair Holdings PLC to Buy from Hold.
In early February, Wizz Air reported an 8.3% increase in January passenger numbers to 2.6 million from 2.4 million the year before. Its load factor, which is the percentage of seats filled, increased to 88.1% from 87.7%.
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