focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRYA.L Share News (RYA)

  • There is currently no data for RYA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ryanair and Wizz carry more passengers in March; Wizz load factor dips

Wed, 03rd Apr 2024 09:04

(Alliance News) - European budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Wednesday reported growth in passenger numbers in March, although Wizz Air's load factor fell back.

Budapest-based Wizz Air carried 4.8 million passengers in March, up 12% from 4.3 million the year before.

The load factor dropped to 90.8% in March from 92.2%. Wizz Air said this was impacted by "one-directional visual flight rules traffic during the Easter period."

Wizz Air restarted flights to Tel Aviv, Israel, in March with the initial re-launch of operations from six bases. Throughout April, May and June, further routes from the Wizz Air network will resume operations, it said.

On a rolling 12-month basis, Wizz Air said it carried 62.0 million passengers, up 21% from 51.1 million the year before. The load factor improved to 90.1% from 87.8%.

Ryanair Holdings said passenger numbers in March rose 8% to 13.6 million from 12.6 million the year before. The load factor was unchanged at 93%.

In March, Ryanair said it operated 77,000 flights, with almost 950 flights were cancelled due to the Israel and Gaza conflict.

In the 12 months to March, Ryanair said it carried 183.7 million passengers, up 7% from 168.6 million year-on-year. The load factor at 94% was up one percentage point from 93%.

Shares in Wizz Air fell 0.7% to 2,105.26 pence in London on Wednesday. Ryanair was down 2.4% at EUR20.29 per share in Frankfurt.

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
14 May 2024 12:30

On The Beach declares first dividend since Covid as moves upmarket

(Alliance News) - On the Beach Group PLC on Tuesday said it expects to deliver "another record summer", despite slower growth in the "value" end of the travel market.

Read more
13 May 2024 16:18

UK earnings, trading statements calendar - next 7 days

Tuesday 14 May 
Angling Direct PLCFull Year Results
Currys PLCTrading Statement
DCC PLCFull Year Results
Flutter Entertainment PLCQ1 Results
Greggs PLCTrading Statement
Marston's PLCHalf Year Results
On The Beach Group PLCHalf Year Results
Renew Holdings PLCHalf Year Results
Treatt PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Vodafone Group PLCFull Year Results
Wednesday 15 May 
Britvic PLCHalf Year Results
Burberry Group PLCFull Year Results
Compass Group PLCHalf Year Results
Creo Medical Group PLCFull Year Results
Experian PLCFull Year Results
Imperial Brands PLCHalf Year Results
Keller Group PLCFull Year Results
Lords Group Trading PLCFull Year Results
Marshalls PLCTrading Statement
Renalytix PLCQ3 Results
Spirax-Sarco Engineering PLCTrading Statement
Titon Holdings PLCHalf Year Results
TP ICAP Group PLCTrading Statement
Tui AGHalf Year Results
Vertu Motors PLCFull Year Results
Thursday 16 May 
Auction Technology Group PLCHalf Year Results
Bank of Cyprus Holdings PLCQ1 Results
BT Group PLCFull Year Results
Convatec Group PLCTrading Statement
easyJet PLCHalf Year Results
Future PLCHalf Year Results
Grainger PLCHalf Year Results
Helios Towers PLCQ1 Results
Nexus Infrastructure PLCHalf Year Results
Premier Foods PLCFull Year Results
Restore PLCTrading Statement
Sage Group PLCHalf Year Results
Tritax EuroBox PLCHalf Year Results
Tullow Oil PLCTrading Statement
Tyman PLCTrading Statement
United Utilities Group PLCFull Year Results
Vanquis Banking Group PLCTrading Statement
Vistry Group PLCTrading Statement
Friday 17 May 
Land Securities Group PLCFull Year Results
XLMedia PLCFull Year Results
Monday 20 May 
Kainos Group PLCFull Year Results
Likewise Group PLCFull Year Results
Nexxen International LtdQ1 Results
Ryanair Holdings PLCFull Year Results
Union Jack Oil PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
8 May 2024 09:39

LONDON BROKER RATINGS: UBS raises Centrica to 'buy' from 'neutral

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
7 May 2024 18:13

PRESS: Ryanair boss says air fares likely to be lower than expected

(Alliance News) - Air ticket prices this summer are likely going to be lower than previously expected, Ryanair chief executive Michael O'Leary said on Tuesday according to Reuters.

Read more
7 May 2024 16:55

LONDON MARKET CLOSE: FTSE 100 driven higher by US rates optimism

(Alliance News) - Stock prices in London closed higher on Tuesday, in a strong start to the new week, with US interest rate optimism supporting equities.

Read more
2 May 2024 09:53

Ryanair air traffic up in April; Wizz Air's load factor dips

(Alliance News) - Ryanair Holdings PLC and Wizz Air Holdings PLC on Thursday released flight figures for the month of April, with both reporting a slight drop in load factor for the month.

Read more
2 May 2024 07:48

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came across less hawkish than feared.

Read more
8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
4 Apr 2024 14:39

RBC lifts forecasts for Ryanair, keeps at 'outperform'

(Sharecast News) - RBC Capital Markets has lifted its target price for budget airline Ryanair after upping its forecasts on the back of lower fuel cost projections.

Read more
3 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks down over US Fed rates cuts speculation

(Alliance News) - Stock prices in London were down at midday on Wednesday, as investors showed caution over the US interest rate cuts outlook, with continued robust data showing the resilience of the US economy.

Read more
3 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 down as US Fed cut conviction wanes

(Alliance News) - Stock prices in London opened down on Wednesday, as sentiment in global equities weakened with investors fretting over the US interest rate outlook.

Read more
3 Apr 2024 07:57

LONDON BRIEFING: Wizz Air capacity rises; Hilton Food profit up

(Alliance News) - Stocks in London are set to open lower on Wednesday, as sentiment in global equities takes a hit amid doubts over the timing of US interest rate cuts following continued robust economic data.

Read more
3 Apr 2024 07:51

Ryanair traffic jumps 8% in March, load factor steady

(Sharecast News) - Low-cost airline Ryanair reported an 8% jump in March traffic on Wednesday.

Read more
25 Mar 2024 15:06

Ryanair welcomes "much-needed" management overhaul at Boeing

(Alliance News) - Ryanair Holdings PLC on Monday said it welcomed the management shake-up at Boeing Co which will see the firm's chief executive and chair step down this year.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.