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Looks like this one is finally taking off after a few false starts.
Would have been a great one to buy and hold in the 14/15's and ride up, rather than panic and sell out.
Apologies. Just done a search of Sunday Times and a similar dated 2023 article is all that comes up. Strike probably all history now.
That article is dated Wednesday 16 August 2023
Re the above, the union at ground handling company GH London has announced 3 strike days which will affect Wizz at Luton in Aug & Sept. See https://www.unitetheunion.org/news-events/news/2023/august/luton-airport-facing-massive-disorder-as-wizz-air-ground-handler-workers-announce-strikes
There is an article in Sunday Times headlining Wizz air Luton strike.
It behind paywall so I have no access to read it.
Does anyone have any info about this?
Please share if you do, thanks.
GLA
O'Leary has done an extraordinary job, no question. Europe's largest airline and still growing. He is also dismissive of Wizz and to be fair, he is of most others! But...credit where it's due. Covid hit everyone and then when things were recovering along came Ukraine and Wizz was hammered, much harder than Ryanair. And its former FD made the wrong call on fuel hedging (he didn't) but now rectified. Then the Israel conflict - just to remind folk, Wizz was the biggest LCC at Tel Aviv by a long way - and then the Pratt & Whitney issue. All these challenges - and more - Wizz has not only coped with but is also resolving and with c300 of Airbus' finest on order, not a Boeing to be seen Mr O'Leary, there will no doubt be other future challenges but the Wizz board seems to be as extraordinary as O'Leary is and Wizz is resilient and commercially as astute I suggest. Plaudits not constant brickbats are long overdue. A hiccup for O'Leary with delayed Boeing orders is hurting the share price - imagine if they'd had to deal with a much bigger base in Ukraine, and in Tel Aviv, and engine issues affecting 20% of their fleet - not just 17 delayed planes out of 57 expected this year...Good luck to the board and future passengers and I look forward to rates of growth continuing to dwarf those of Ryanair over the next five years.
Ryanair is capitalised at c£20bn. Wizz could and should get to passenger numbers not dissimilar by 2030. The future path will be rocky but I can see the CEO achieving his £100m when the shares hit £100 and good luck to him if/when it happens. By christ they will have earnt it.
Up 4.82% now.
Up 4.02%
Up 1.26%.
Forgot the link:-
More and more negative news about Boeing. I truly am shocked.
https://www.bbc.co.uk/news/business-68409029
Should bode well for WIZZ..........
Forgot the link:-
More and more negative news about Boeing. I truly am shocked.
https://www.bbc.co.uk/news/business-68409029
Forgot the link:-
I can't believe what is coming out about Boeing. Truly shocking.
More and more negative news about Boeing. I truly am shocked.
https://www.bbc.co.uk/news/business-68409029
I can't believe what is coming out about Boeing. Truly shocking.
More and more negative news about Boeing. I truly am shocked.
Considering the bad press Boeing have got at the moment!!
Has been as much as £32 a share (May 17th 2023).
I'm looking for something comfortably over £40, as was the case through 2021
Looking good here
DD77.
"Bodes well for Wizz"
===========================
Yes! WIZZ dont have ANY Boeing planes!
Also they took a chance ordered a load of Airbus ones before covid had complately died down........
Near the top of the queue for the new Airbus planes!! No wonder the sp has improved so much!
MUCH MORE TO COME IMHO. Has been as much as £32 a share (May 17th 2023).
============================
https://www.bbc.co.uk/news/business-68398421
Bodes well for Wizz
https://www.bbc.co.uk/news/business-68398421
Thanks Flak, yes I see it now.
page 3 of the H1 report
"Financial performance: narrow F24 net income outlook to the range of €350–400 million."
https://wizzair.com/static/docs/default-source/downloadable-documents/corporate-website-transfer-documents/results-and-presentations/wizz-air-holding-plc-half-year-report-f2420230930-stock-market-report_ea950a4d.pdf
Considering the H1 profit is already at 400M, it seem either a very conservative estimate or that they expect a loss/break even for H2
Wizz have a profit guidance of 350 to 400 million euros for F24.
SP dropped when US inflation was announced as being 0.2% higher than expected (3.1 v 2.9%). The chickens took fright in the US which bizzarely seems to affect Wizz as much as it does American Airlines (go figure..). Over the next few days the chickens will settle, the US market will rise and Wizz will recover again. If however UK inflation is up even a tad tomorrow, Wizz will drop until the point the chickens realise a sliver of 1% increase makes absolutely no difference to another a high demand summer. All imho.
Anyone have any explanations for recent volatility?
Is there anything to expect before then?
The last 4 full years Wizz has lost about 1/2 billion.... so surly this must be the year that is turned around.
Do you suggest the fall and the average investor are in some way related?
Impossible as a longterm hold ....was up this morning now red...in future any profit take it.