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Israel ๐ฎ๐ฑ not been a holiday destination really since the 70s .....I'd say it's more for families meeting up
Even when the conflict does ease... who's gona wana go there?
I think you are missing the bigger picture.
WizzAir is not necessary about holidays. There are many Israeli people with familly conections to London, Paris, Budapest and many other cities around Europe. Also Israeli young just like all other europe young do study accross many other countries so those not looking it from point of view going there to do sight seeing or lay on the beach. Wizz is used as a transport link.
I got back yesterday on Wizz flight from Bratislava. Only went for 24 hours for my medical reason. It os not a holiday deatination as you can see on the mixture of passengers. Some going to work. Some to study some to visit family and some were tourists that just go to visit a new place that is on their list of places to visit. It goes both ways. And on last day of january you would think who would go there but the plane was about 75% capacity (A321neo) I think it got 238 seats. And it was I would say 90% full on the way back but I think it the smaller one A320neo which got around 200 seats.
I might be wrong on these figures so please donโt take it as a fact.
Thank you
Yeah agreed, although perhaps not a generation. Sharm el Sheikh had bombings and it recovered, albeit not to the same extent
Even when the conflict does ease... who's gona wana go there?
It used to be billed as a holiday destination... it will take a generation to rebuild that image.
Are u holding?
Barclays upgrade to 2200
More to follow.
I'm EXTREMLY annoyed at MYSELF for having a stop loss on this at 1800 a while back - GUTTED :(
What a shame.
Whilst it is a reasonably good RNS for Jan traffic, I think the outlook is very much uncertain. I highly doubt Israel flights will reconvene next month, the conflict shows no sign of easing and it will still be too dangerous to fly to Tel Aviv.
Wonder what shares Davikov is de ramping now.
Nice profit Friday for me.
Here for the long haul
Good morning to all
There was a certain poster here (davkov) who was constantly barking about grounded planes because of engine inspection issues.
Well todays traffic update shows that Wizz has grown its capacity in january by around 20% and increase pasenger number by around 14%.
So this is the proof that he was totaly wrong and lucky for us he is not posting his garbage here.
Next month the Israel flights will restart so that will improve figuers even better.
That bug drop today I expect some massive buys to show up.
Shorts also reduced (according to this site) from 1.69 to 1.1
Jeez this stock Always gets hammered
Big drop again
Massive investment in wizz by bank of america
booooom
Reduction in shorts too.
I'm a holder of spoons too...I'm sure bank of America is a buyer there aswell.
Looks interesting
We will see how the market will react over next few days. I hope it is a mark of an investment in undervalued busines.
Good luck to all holders short or long ๐
Does wizz air have any outstanding loans with bank of America l wonder.
You mean the RNS that came out just before closing? Bank of America now holds 5.7% of Wizz voting stock up from virtually zero? Helluva positive move if I'm reading it correctly.
Did someone buy shares?
Any thoughts on that rns ?
They reduced their short by a further 0.12% yesterday, to stand at 0.46%
Millenium Capital reduced their short by 0.06% on 26 Jan to 0.58%