5th Nov 2019 08:57
(Alliance News) - Budget airline Ryanair Holdings PLC and Hungarian peer Wizz Air Holdings PLC on Tuesday reported a year-on-year rise in passenger traffic for the month of October.
Fresh from reporting an 11% interim revenue rise on Monday, the Irish carrier said group traffic rose by 5% to 13.8 million from 13.1 million in October 2018. The figure includes its eponymous Ryanair brand and Austrian airline Lauda.
In Ryanair division, October traffic rose by 5% year-on-year to 13.2 million from 12.6 million and in Lauda, by 20% to 600,000 from 500,000 last year.
On a rolling annual basis, group traffic has grown 9% to 151.0 million from 138.1 million.
Wizz Air reported an October capacity increase of 20% to 3.9 million from 3.3 million. Load factor increased to 95.3% from 94.0%.
October passengers rose by 21% to 3.7 million from 3.1 million last year.
Available seat kilometres was up by 21% to 6.4 million from 5.3 million and revenue passenger kilometres grew by 6.1 million from 5.0 million in October 2018.
On a rolling annual basis, capacity is up 15% to 41.2 million, total passengers up by 16% to 38.6 million with load factor up 1.4 percentage points to 93.5%.
During October, the Hungarian carrier expanded by adding Ukrainian city Zaporizhzhya as a new station, along with six new routes.
Wizz Air said at the time: "The newly announced low fare services will connect Zaporizhzhya International Airport with Vienna in Austria, Budapest in Hungary, Gdansk, Wroclaw and Krakow in Poland, and Vilnius in Lithuania."
Ryanair shares were 0.5% lower at EUR13.44 and Wizz Air's stock was trading 0.2% higher at 3,911 pence each.
By Eric Cunha; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
Wizz AirRYA.L