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thursday: while peak easter travel should have helped wizz air (wizz ln) meet its 2024 revenue per available seat kilometer target, the grounding of 45 of its planes at the end of march could hamper summer bookings. the budget airline will have to maintain pricing power to help mitigate the financial hit, bi’s conroy ***nor said.
Shut your mouth angry bird, Im not talking to you. I catch all fo your money! ridiculous clowns
Your just a clown Walter mitty
Im Marshall, what do you want?
Cry some more looser, not that place for your ranting...
Double bagger🤡🤡🤡💩💩💩
Thank you FlakMagnet for the link to the article. Very interesting reading, won't change much in terms of SP but good to know what mr. Varady is up to. He certainly is very capable and well educated man. I hold him in very high regard. It is very true that circumstances no one could foresee are to blame for the bad fortunes at Wizz. (Ukraine, Israel, P&W) Without these we can only imagine where the SP would be now.
Good luck to All long time holders
Still dropping
Positive statement, up from here
The best bit: '... the airline celebrates two decades in business at a party in Budapest to be attended by 3,000 employees flown in from its 35 bases across Europe and the Middle East.
The message he plans to convey is that a nadir has already been reached in terms of fleet disruption, with the number of planes grounded by the engine crisis at a maximum.
“This will be one of the biggest events of our corporate lives,” he said of the gathering. “We should feel very proud of what we have achieved and that should give us energy and pride for the future. We have another exciting 20 years in front of us.”
Then it’s back to London for the presentation of full-year results on Thursday, followed by Friday’s appointment at the London Stock Exchange.'
https://www.telegraph.co.uk/business/2024/05/19/socialistic-london-mojo-wizz-air-boss-jozsef-varadi/
Behave joo
45 / 50 pounds soon
Having said that, Wizz has seen a strong tailwind in rampant travel demand — in July, it reached a new record-high number of passengers flown, with over 6m passengers travelling that month. Therefore, the case for buying Wizz Air shares over easyJet would be the fact that there’s more growth potential to realise. If the Hungarian firm can circumvent its current challenges successfully, its shares could rise by as much as 82%, according to analysts’ consensus, as indicated by the graph below.
As soon as Marshall start shorting they are normally very successful at it ....
Kpa1
I expected a bit more than that:-)
I said with the increase in shorts I would be avoiding this kot worth the headache
Kpa1
When was that then
From 7 hrs ago
Wizz Air Holdings PLC (AIM:WIZZ) is set to report a return to profitability in full-year results on Thursday, May 23.
However, aircraft groundings relating to Pratt & Whitney engine issues and geopolitical tensions are among challenges set to have bound the operator over the year.
Wizz said in April net income would sit between €350-€370 million for the year, against a €535.1 loss in 2023, while revenue of as much as €5.1 billion would mark a near one-third increase.
However, Liberum analysts noted costs had been “flattered” by compensation from Pratt & Whitney over the engine recalls.
Unit revenue should be growing faster too, analysts said, given capacity constraints that will result in flat growth this year coupled with booming travel demand.
Though still solid booking trends for the upcoming summer were “reassuring”, Liberum hit the airline with a ‘sell’ rating over concerns high debt had not been recognised in its valuation.
Alongside this, Wizz warned the situation in Israel was being watched closely after flights had been temporarily grounded following an outbreak of conflict in the Middle East in October.
It was O'leary (again): https://sarajevotimes.com/ryanair-announces-strong-growth-in-the-balkans/
As I told before: CEE expanding
The price downgrade happened on the 12th May plus all airline shares went down yesterday not just Wizz.
I did warn u this would get hammered
Not sure theres any assiciation with ezj and the drop
For Wizz it was more the broker downgrade.
Easyjet put up some great numbers yesterday with a projected £1billion profit for the year but they announced the CEO was leaving in 2025 causing a tumble in all airline stocks. Why as no other airline will be affected by his departure? A probable reason is that share trading algorithms are linked together so a sell off in one causes them all to fall. A bit stupid but there you are, they'll bounce back over the next few days though. All imo.
At close there are more sells than buys, (as reported by LSE) ... tipped by the 3m sell that went through at the end of the day.... but was it a buy or a sell? could be either really as I believe the nature of the trade is derived from the price and whether its closest to the bid or offer.
This hasnt helped.
JPMorgan cuts Wizz Air price target to 2,150 (2,250) pence - 'neutral'