2nd Aug 2024 08:44
(Alliance News) - Ryanair Holdings PLC and Wizz Air Holdings PLC on Friday reported contrasting operating results for July, with Ryanair faring better than its rival budget carrier.
Dublin-based Ryanair said it carried 20.2 million passengers last month, up 8.0% from 18.7 million a year before. Its load factor was flat at 96%.
Ryanair said it operated more than 110,500 flights in July, while 651 flights were cancelled due to air traffic control delays.
On a rolling 12-month basis, Ryanair carried 190.4 million passengers, up 8.6% from 175.3 million in the 12 months to July 2023. The load factor for both 12-month periods was 94%.
Budapest-based Wizz Air said it carried 5.9 million passengers in July, down 1.4% from 6.0 million a year before. Its load factor also slipped, to 93.8% from 94.9%.
Capacity was down 0.3%, due to geared turbofan engine-related groundings of A321neo planes, Wizz said. The airline also was hurt by the worldwide IT outage on July 19, which disrupted about 1% of its scheduled flights last month, it said.
However, on a rolling 12-month basis, Wizz carried 68.9 million passengers, up 12% from 61.6 million, at an unchanged 90.0% load factor.
Ryanair shares were down 0.4% to EUR14.35 in Dublin early Friday. Wizz Air shares were down 1.0% to 1,466.00 pence in London.
By Tom Waite, Alliance News editor
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