Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWizz Air Share News (WIZZ)

Share Price Information for Wizz Air (WIZZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,370.00
Bid: 2,362.00
Ask: 2,370.00
Change: 68.00 (2.95%)
Spread: 8.00 (0.339%)
Open: 2,294.00
High: 2,402.00
Low: 2,290.00
Prev. Close: 2,302.00
WIZZ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Italy minister wants airlines to explain "unjustified" fare hikes

Mon, 03rd Jul 2023 17:42

ROME, July 3 (Reuters) - Italy's Industry Minister Adolfo Urso said on Monday that airlines benefiting from the country's tourist boom have hiked their prices too much, and demanded an explanation.

Urso instructed the government-appointed inflation watchdog to summon the main airlines operating on Italian routes for meetings on Tuesday because current fares "are not justified even by inflation."

The meetings will be held remotely, one-to-one, with Ryanair , Wizz Air, easyJet, AeroItalia, ITA Airways and NEOS, Urso's spokesman said, confirming the minister's comments which were made to Italian news agency AdnKronos. In recent months Urso has convened similar talks over the price of pasta and baby products.

It remains to be seen whether the panel of public bodies and consumer associations which was set up to monitor unusual price movements can affect producers' and retailers' actions, but Urso said it would exert its "moral suasion".

Italy's tourist association Assoturismo forecasts arrivals this summer to top their bumper pre-COVID levels of 2019, and airlines have raised prices in response to the demand.

In December, Italy's antitrust regulator opened an inquiry into possible price-fixing for flights in and out of the island of Sicily by airlines including Ryanair, Wizz Air and easyJet.

On Monday the civil aviation authority Enac said it had held a meeting with airlines to make sure they were prepared to ensure "safety and efficiency" ahead of the increase in traffic expected over the peak summer months of July and August.

Italian inflation, which surged to a peak of 12.6% in November, has trended downwards since then, and stood at 6.7% in June. Prices in the transport sector, which includes airline fares, were down 0.2% year-on-year. (Reporting By Gavin Jones, editing by Alvise Armellini)

More News
18 Oct 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 falls after stubborn UK inflation data

(Alliance News) - Stock prices in London were lower heading into Wednesday afternoon, with events in Gaza and a hotter-than-expected UK inflation reading weighing on stocks.

Read more
18 Oct 2023 09:48

Citi downgrades Wizz Air, Lufthansa

(Sharecast News) - Citi downgraded Wizz Air and Lufthansa on Wednesday as it took a look at the airline sector.

Read more
18 Oct 2023 09:39

LONDON BROKER RATINGS: Citigroup cuts Wizz Air to 'sell'

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

Read more
18 Oct 2023 07:49

LONDON BRIEFING: UK inflation unchanged; Kin & Carta accepts takeover

(Alliance News) - The FTSE 100 is expected to open higher on Wednesday, amid rising commodity prices prompted by rising tension in the Middle East.

Read more
9 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks suffer amid Israel conflict

(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.

Read more
9 Oct 2023 15:40

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

Read more
8 Oct 2023 14:22

Major airlines cancel dozens of flights to Tel Aviv amid Hamas attack

(Alliance News) - Major airlines have cancelled dozens of flights to Tel Aviv this weekend after the Palestinian militant group Hamas launched a surprise large-scale attack against Israel.

Read more
6 Oct 2023 09:26

LONDON BROKER RATINGS: UBS raises BHP; HSBC raises Wizz Air

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

Read more
3 Oct 2023 09:35

LONDON BROKER RATINGS: UBS cuts Burberry; JPMorgan likes EnQuest

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

Read more
3 Oct 2023 08:29

Budget airlines Ryanair and Wizz Air fly more passengers in September

(Alliance News) - Budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Tuesday both said passenger traffic increased in September.

Read more
3 Oct 2023 07:41

LONDON BRIEFING: Greggs sales rise; boohoo cuts revenue outlook

(Alliance News) - London's FTSE 100 is set to fall further on Tuesday, after a sell-off at the start of the week, with hawkish words from a US central banker reinforcing the 'higher-for-longer' interest rates messaging.

Read more
29 Sep 2023 09:15

LONDON BROKER RATINGS: Goldman Sachs cuts WPP; Shore raises LandSec

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

Read more
27 Sep 2023 14:13

London close: Stocks finish choppy session in the red

(Sharecast News) - London's stock markets presented a downbeat picture at the close of Wednesday's trading session.

Read more
27 Sep 2023 09:27

Liberum upgrades Wizz Air to 'hold' but uncertainty remains

(Sharecast News) - Broker Liberum has raised its rating on low-cost airline Wizz Air from 'sell' to 'hold', saying the recent drop in the shares has balanced the risk and reward.

Read more
27 Sep 2023 09:17

LONDON BROKER RATINGS: Jefferies cuts Derwent, British Land, GPE

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

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.