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Pin to quick picksWizz Air Share News (WIZZ)

Share Price Information for Wizz Air (WIZZ)

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Share Price: 2,020.00
Bid: 2,040.00
Ask: 2,046.00
Change: -96.00 (-4.54%)
Spread: 6.00 (0.294%)
Open: 2,112.00
High: 2,112.00
Low: 2,020.00
Prev. Close: 2,116.00
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Air traffic climbs at Israel's Tel Aviv airport in 2023 but war weighs

Sun, 21st Jan 2024 12:08

JERUSALEM, Jan 21 (Reuters) - Air travel to and from Israel plunged in the last three months of 2023 amid the Israel-Hamas conflict, but the number of passengers travelling through Ben Gurion International Airport near Tel Aviv still rose 10% in 2023.

The number of international travellers reached 21.1 million in 2023, up from 19.2 million in 2022, the Israel Airports Authority (IAA) said in a report on Sunday.

Over the first 9 months of the year, before the Oct. 7 attacks by Palestinian Islamist group Hamas, passenger traffic surged by an annual 38.5%, to 19.1 million.

But since then, traffic has plunged, culminating in a 78% drop in November and 71% dive in December, the IAA said.

With almost all foreign carriers having halted flights to and from Israel as a result of heavy rocket attacks from Gaza and the war, flag carrier El Al Israel Airlines benefited, with the number of passengers rising 32.5% to 5.5 million in 2023 for a 26.3% market share at Ben Gurion.

Wizz Air was the second-largest airline last year with a more than 9% share; passenger traffic was up 35.5% despite the company halting flights in the fourth quarter. Ryanair was third with a 5.4% share, although its number of passengers dipped 12% in 2023.

"Ben Gurion remains operative while maintaining and observing the safety and security of the planes and passengers," said Udi Bar Oz, managing director of Ben Gurion.

In December, nearly 80% of passengers flew El Al, followed by smaller Israeli carrier Israir at 10% and FlyDubai at 3.2%. During the month, just seven foreign carriers flew to Israel.

Bar Oz noted that at 17%, the United States - mainly via New York's JFK airport - was the country with the highest volume of activity in December, followed by France and Britain.

Airlines such as Lufthansa, Swiss, Austrian and Aegean have resumed flights to Tel Aviv. Air France and Ryanair are slated to restart this week and next week.

In 2023, 3 million tourists visited Israel, up from 2.7 million in 2022.

(Reporting by Steven Scheer Editing by Bernadette Baum)

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29 Aug 2023 08:48

IN BRIEF: Wizz Air corporate & ESG chief buys GBP250,000 in shares

Wizz Air Holdings PLC - Budapest-based budget airline - Chief Corporate & ESG Officer Yvonne Moynihan buys 11,620 shares at GBP22.16 and GBP21.85, worth GBP250,555, on Friday last week.

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14 Aug 2023 18:06

Mount Etna eruption closes Sicily's troubled Catania airport

CATANIA, Sicily, Aug 14 (Reuters) - Flights serving the eastern Sicilian city of Catania were halted on Monday after an eruption from nearby Mount Etna, local authorities said, bringing fresh travel woe to the crisis-plagued Italian airport.

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14 Aug 2023 11:12

Mount Etna eruption disrupts Sicily's troubled Catania airport

CATANIA, Sicily, Aug 14 (Reuters) - Flights serving the eastern Sicilian city of Catania were halted on Monday after an eruption from nearby Mount Etna, local authorities said, bringing fresh travel woe to the crisis-plagued Italian airport.

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9 Aug 2023 15:32

Rising prices for travel yet to curb wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

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9 Aug 2023 12:37

Rising prices for travel do not appear to be curbing wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

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9 Aug 2023 05:01

Rising prices for travel do not appear to be curbing wanderlust

LONDON/CHICAGO/NEW YORK, Aug 9 (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

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4 Aug 2023 09:39

LONDON BROKER RATINGS: Jefferies raises John Wood to 'buy'

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

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3 Aug 2023 09:42

Wizz Air shares fall as supply snags hit capacity ambitions

Cuts H1 capacity growth forecast to 25% from 30%

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3 Aug 2023 09:07

Wizz Air shares hit by rising costs despite swing to quarterly profit

(Alliance News) - Wizz Air Holdings PLC on Thursday reported a big swing back to profit in the first quarter of its financial year, though its stock fell.

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3 Aug 2023 08:57

LONDON MARKET OPEN: FTSE 100 sinks as BoE interest rate decision looms

(Alliance News) - Stock prices in London opened lower on Thursday, as analysts nervously look ahead to an interest rate decision from the Bank of England.

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3 Aug 2023 07:49

LONDON BRIEFING: Rolls-Royce swings to profit; LSEG plans buyback

(Alliance News) - Stocks in London are called to open lower on Thursday, ahead of a busy day on the economic calendar, with a key interest rate decision from the Bank of England.

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3 Aug 2023 07:15

Wizz Air swings to Q1 profit on soaring demand; Cuts H1 ASK guidance

(Sharecast News) - Low-cost carrier Wizz Air swung to a first-quarter profit on the back of soaring demand for travel and record passenger numbers.

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2 Aug 2023 18:09

IN BRIEF: Wizz Air notes more than 20% oppose two AGM resolutions

Wizz Air Holdings PLC - Budapest-based budget airline - Says all resolutions were passed at its annual general meeting on Wednesday. But resolutions 2, 3 and 4 passed by a smaller margin, of 63% votes for, 74% and 74% respectively. Resolutions 2 and 3 related to approving the directors' remuneration report for the financial year that ended March 31 and to approve the policy set out in its financial 2023 annual report respectively. Resolution 4 was on approving certain amendments to the rules of the Wizz Air 'valuation creation plan'.

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2 Aug 2023 17:32

Airbus unveils order from Wizz Air for 75 A321neo jets

PARIS, Aug 2 (Reuters) - Airbus has won an order from Wizz Air for 75 additional A321neo aircraft, the European planemaker said on Wednesday.

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