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IN BRIEF: Wizz Air planes fly nearly 90% full in July as traffic jumps

2nd Aug 2022 09:58

Wizz Air Holdings PLC - Budapest-based budget airline - Carries 4.8 million passengers in July, up 61% from 3.0 million a year before and up 12% from 4.3 million in June. Capacity increased by a less steep 41% from a year before to 5.3 million from 3.8 million, so load factor improved to 89.7% from 78.5%. Load factor in June had been 86.1%. On a rolling 12-month basis, Wizz Air carried 45.9 million passengers, more than doubled from a year before, with an 83.0% load factor, improved from 67.6%. The airline noted it recently announced new routes from Abu Dhabi, meaning its just-over-a-year-old operation in the capital of the United Arab Emirates will fly to 34 destinations.

Current stock price: 2,227.00 pence, down 0.6% on Tuesday in London

12-month change: down 56%

By Tom Waite; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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