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Wizz Air Holdings PLC (WIZZ.L)

WIZZ.L on London Stock Exchange

3,563.00GBp
12 Dec 2017
Change (% chg)

97.00 (+2.80%)
Prev Close
3,466.00
Open
3,477.00
Day's High
3,576.00
Day's Low
3,468.00
Volume
359,074
Avg. Vol
258,987
52-wk High
3,608.00
52-wk Low
1,544.00

Latest Key Developments (Source: Significant Developments)

Wizz Air Says Grows Passenger Numbers By 22 Pct In Nov
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Wizz Air Holdings Plc ::PASSENGERS ‍+22.0 PCT​ IN NOV.‍LOAD FACTOR** +1.5PPTS​.  Full Article

Wizz Air CEO sees growth in next decade, consolidation in Europe - report
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Wizz Air CEO Jozsef Varadi tells Hungarian daily Vilaggazdasag::Wizz expects to fly 30 million people in current financial year ending on March 31, up from 24 million in previous year.Fleet to grow to 282 from current 87 in next nine years.Once fleet reaches 300 planes passenger number can surpass an annual 100 million .Workforce will also grow threefold in next nine years to surpass 10,000, 90 pct of that airborne staff.Hiring enough pilots is a "bottleneck".Wizz plans growth mainly in its existing market in Europe and environs.Expects more bankruptcies in European airline market after Air Berlin, Monarch.There is "a lot of irrational conduct" in airline market.Several national airlines "cocooned" by political decisions, privately held airlines also often act irrationally.Following U.S. market, where only four major players remain, Europe's airline market consolidation "far from over".  Full Article

‍Wizz Air acquires additional slots at London Luton​
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Wizz Air Holdings Plc ::‍WIZZ AIR ACQUIRES ADDITIONAL SLOTS AT LONDON LUTON​.AFTER ACQUISITION OF NUMBER OF TAKE-OFF AND LANDING SLOTS FROM MONARCH , WILL INCREASE FLEET AT LUTON BY TWO AIRCRAFT TO TOTAL OF 7.‍NEW INVESTMENT WILL SEE WIZZ AIR'S CAPACITY IN ITS LONDON LUTON BASE INCREASE BY 18% YOY, TO A TOTAL OF 7.1 MILLION SEATS IN 2018​.‍ADDITIONAL LONDON LUTON ROUTES WILL BE ANNOUNCED IN DUE COURSE​.  Full Article

Wizz Air to consolidate operations at Katowice airport​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - WIZZ AIR HOLDINGS PLC :::WIZZ AIR-‍IN JUNE 2018, AIRLINE WILL CLOSE ITS BASE AT LUBLIN AIRPORT AND REDEPLOY ITS LUBLIN-BASED AIRBUS A320 AIRCRAFT TO CONSOLIDATE OPERATIONS AT KATOWICE AIRPORT​.‍NEXT YEAR WIZZ AIR WILL HAVE OVER 11.34 MILLION SEATS ON SALE ON POLISH ROUTES, REPRESENTS 27% GROWTH YEAR OVER YEAR​.  Full Article

Wizz Air Holdings says Oct load factor 92.1 pct
Monday, 6 Nov 2017 

Nov 6 (Reuters) - WIZZ AIR HOLDINGS PLC ::‍FOR OCT, CAPACITY 2.9 MILLION SEATS VERSUS 2.3 MILLION SEATS.‍OCT LOAD FACTOR 92.1% VERSUS 90.0%​.‍OCT AVAILABLE SEAT KILOMETRES 4.6 BILLION VERSUS 3.59 BILLION.‍OCT REVENUE PASSENGER KILOMETRES 4.25 BILLION VERSUS 3.24 BILLION.  Full Article

Wizz Air posts FY total revenue increase of 10 pct
Thursday, 25 May 2017 

May 25 (Reuters) - Wizz Air Holdings Plc :FY total revenue increase of 10% to eur 1,571 million.FY profit for year (IFRS) was a record eur 246.0 million, a year on year increase of 27.5%..Fy underlying net profit was higher at eur 225 million amidst industry wide yield pressures.Fy o ancillary revenue up 23% to eur 655.7 million, ancillary revenue up eur 0.8 to eur 27.5 per passenger.Total cash at end of march 2017 was eur 929.9 million of which eur 774.0 million was free cash.Fy total unit revenue declined 8.5% to 3.75 euro cents per available seat kilometre (ASK)..Fy total unit costs fell by 7.8% to 3.15 euro cents per ask..Fy reported net profit margin increased 2.2ppt to 15.8%..Fy underlying net profit margin decreased by 1.3ppt to 14.5%.F18 profit guidance of between eur 250m and eur 270m.Negative translation effect on british pound revenues due to Brexit in FY2017 is estimated at eur 17 million.Had a strong start to fy2018 due to timing of easter.Fy18 group net profit is currently expected to be in a range between eur 250 million and eur 270 million in fy2018.  Full Article

Wizz Air passenger numbers rise 17.9 pct in September
Tuesday, 4 Oct 2016 

Wizz Air Holdings Plc : Sept passengers +17.9 pct .Sept load factor +0.7ppts.  Full Article

Wizz Air says passenger numbers rise 16.6 pct in August
Monday, 5 Sep 2016 

Wizz Air Holdings Plc : August capacity +17.0% . August passengers +16.6% .August load factor 93.0%, down 0.3 ppts.  Full Article

Wizz Air says June load factor increases slightly
Tuesday, 5 Jul 2016 

Wizz Air Holdings Plc : Capacity 2.19 mln versus 1.90 mln, up 15.3 pct in June . Passengers up 16.2 pct to 2.01 mln in June 2016 .June load factor at 91.7 pct versus 91.0 pct, up 0.8ppts.  Full Article

Wizz Air says Executive Vice President John Stephenson to step down
Thursday, 16 Jun 2016 

Wizz Air Holdings Plc :John Stephenson, group's executive vice president has informed company of his decision to resign with effect from 24 August 2016.  Full Article

BRIEF-‍Wizz Air acquires additional slots at London Luton​

* AFTER ACQUISITION OF NUMBER OF TAKE-OFF AND LANDING SLOTS FROM MONARCH , WILL INCREASE FLEET AT LUTON BY TWO AIRCRAFT TO TOTAL OF 7