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Travel will rebound strongly in 2022. Consumers are eager to travel and short-haul continental traffic will benefit from pent-up leisure demand. The closure of airspaces is a new blow for aviation and Covid is a headwind for China meaning the return to profitability may be pushed ...
Bank of America pointed to a strong upturn in airline bookings data that backs up the positive tone heard from carriers with their traffic and guidance updates. The firm said system net sales stepped up significantly to -15.4% compared to 2019 for the week ending March 13 vs. -25.4% compared ...
Airbus (OTCPK:EADSF, OTCPK:EADSY) receives an order at the Dubai Air Show for 255 single-aisle A321neo passenger jets from P-E firm Indigo Partners, in a big bet on a recovery in tourist travel from COVID-19. Airbus does not provide a value for the order but based on the last published prices...
Wizz Air Holdings Plc (WZZAF) Q2 2022 Earnings Conference Call November 4, 2021 05:00 AM ET Company Participants József Váradi - Chief Executive Office Jourik Hooghe - Executive Vice President & Group Chief Financial Officer Conference Call Participants Jaime Rowbotham - Deutsch...
International Consolidated Airlines Group (OTCPK:ICAGY +8.8%) is the biggest gainer in the Stoxx Europe 600 Index on reports that vaccinated passengers will be permitted to travel to the U.S. from European Union nations and the U.K. in November. President Biden is expected to announce the cha...
easyJet has just rejected a takeover approach from Wizz Air - the claim is that the price isn't high enough. O'Leary, of Ryanair, says they should merge or at least be taken over by someone else - but then he would. The background point here being that the airline recovery is unde...
Wizz Air Holdings (WZZAF): FQ1 Non-GAAP Net loss of -€118.7M; GAAP Net loss of -€114.4M.Revenue of €199M (+119.2% Y/Y).Press Release For further details see: Wizz Air Holdings reports FQ1 results
The Central and Eastern European low-cost airline, Wizz Air (WZZAF) reports June load factor of 64% vs. 52.2% year ago and 66% in previous month.The air line carried 1.6M passengers for the month vs. 502,253 passengers year ago.Wizz Air has resumed flights from Kutaisi to six more destination...
Wizz Air Holdings ([[WZZAF]] -3.2%) reported FY revenue decline of 73% Y/Y to €739M.ASKs and passenger numbers both declined 63.5% and 74.6% respectively Y/Y.Passenger ticket revenue declined by 78% Y/Y to €325.7M; to make up 44% of total revenue.Ancillary revenue declined by 67...
The following slide deck was published by Wizz Air Holdings Plc in conjunction with their 2021 Q4 earnings call. For further details see: Wizz Air Holdings Plc 2021 Q4 - Results - Earnings Call Presentation
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