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: 2,410.00
Bid: 2,434.00
Ask: 2,438.00
Change: -82.00 (-3.29%)
Spread: 4.00 (0.164%)
Open: 2,484.00
High: 2,504.00
Low: 2,392.00
Prev. Close: 2,492.00
WIZZ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ryanair aiming for at least 50% growth in east, central Europe

Tue, 27th Jun 2023 13:10

WARSAW, June 27 (Reuters) - Ryanair expects passenger numbers in central and eastern Europe (CEE) to surge by at least 50% over the next decade, the airline's manager for the region said, as it looks to dominate in a less-developed market also targeted by Wizz Air.

Europe's biggest low-cost carrier has ordered as many as 300 Boeing jets as it seeks to take advantage of the rebound in air traffic following the COVID-19 pandemic and the company sees demand for new routes in eastern Europe.

"We want to focus very much on this region," Alicja Wojcik-Golebiowska, the CEE and Baltics country manager for Ryanair told Reuters in an interview. "We see that this is going to be a large part of our upcoming expansion."

"It's pretty hard at this moment to say about the exact numbers, but we hope that the whole region is going to grow at least by 50%," she added.

While Poland has long been one of Ryanair's key markets, Wojcik-Golebiowska said the company was now redoubling its focus on other countries in the region.

"We see that central and eastern Europe was a little bit left behind in last years. So we want to catch up in this region to catch it up with our most developed markets like Spain, Italy or Poland," she said.

Hungarian budget airline Wizz Air will be its main competitor as it offers similar cheap fares, as well as connections to the Middle East.

Asked how the Irish carrier planned to compete, Wojcik-Golebiowska said it would use "our best fares, with our best punctuality, and also with making sure that we do not have delays and cancellations".

She said the company was also aiming for a dominant position in countries like Romania, Bulgaria and Hungary.

"We plan to do it with delivering more routes and better fares and more travelling choices for our passengers," she said.

Airlines in Europe have reported robust summer bookings despite high inflation and an uncertain economic outlook and Wojcik-Golebiowska said Ryanair was confident it would avoid the strikes that contributed to travel disruption in 2022.

"Currently we do not expect to have any disputes with labour unions and with our current employees," she said. (Reporting by Alan Charlish in Warsaw and Joanna Plucinska in London Editing by Mark Potter)

More News
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
5 Apr 2024 15:22

London close: Stocks finish lower as US payrolls top forecasts

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

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 09:04

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

(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.

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 07:23

Wizz Air passenger numbers grow further in March

(Sharecast News) - Low-cost airline Wizz Air said in an update on Wednesday that it transported 4,778,980 passengers in March, marking a 12% increase compared to the same period last year.

Read more
4 Mar 2024 11:52

LONDON MARKET MIDDAY: Stocks mostly lower ahead of UK Spring budget

(Alliance News) - Stock prices in London were mostly lower at midday Monday, as the week started off on a quiet note ahead of a busy week of monetary policy decisions and economic data from across the globe.

Read more
4 Mar 2024 08:57

Ryanair and Wizz carry more people in February; Wizz load factor down

(Alliance News) - European budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Monday both said they flew more passengers last month than a year before, though Wizz said its load factor was hurt by the conflict in Gaza.

Read more
4 Mar 2024 07:41

LONDON BRIEFING: Stocks called down; attention on UK's spring budget

(Alliance News) - Stocks in London are called to open lower, ahead of a busy week of economic news.

Read more
4 Mar 2024 07:41

Wizz Air traffic rises but load factor hit by Israel disruption

(Sharecast News) - Low-cost airline Wizz Air saw an acceleration in passenger growth in February but its load factors remained firmly below last year as a result of reallocated flights from Israel and ongoing issues related to the Pratt & Whitney GTF engine recall.

Read more
1 Mar 2024 08:56

Ryanair forced to cut summer travel schedule due to late Boeing jets

(Alliance News) - Ryanair Holdings PLC on Friday said it will have to reduce its planned flying schedule during the key summer months this year, due to late deliveries of new airplanes by troubled US manufacturer Boeing Co.

Read more
27 Feb 2024 09:23

LONDON BROKER RATINGS: Barclays raises Flutter to 'overweight'

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

Read more
20 Feb 2024 09:40

LONDON BROKER RATINGS: JPMorgan cuts Airtel Africa price target by 28%

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

Read more
15 Feb 2024 14:55

London close: Stocks manage gains despite UK recession news

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

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.