5th Jan 2021 08:29
(Alliance News) - Budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Tuesday reported sharp annual drops in passengers carried in December, amid tightened travel restrictions.
Dublin-based Ryanair said it carried just 1.9 million passengers in December, down 83% from 11.2 million a year before. It said it operated 22% of its normal December schedule with a 73% load factor.
Budapest-based Wizz Air said it carried 665,722 passengers last month, down 80% from 3.3 million in December 2019. It reduced seat capacity by just 68%, so its load factor was worse than Ryanair's, at 56%, down from 89% a year before.
Wizz Air said it launched six new routes during December. These were between Doncaster Sheffield, Gatwick and London Luton bases in the UK and destinations in Turkey, Bulgaria, Spain and Greece.
Ryanair shares were down 0.9% at EUR15.25 in London early Tuesday, while Wizz Air was down 0.6% at 4,448.00 pence.
By Tom Waite; [email protected]
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