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Share Price Information for Wizz Air (WIZZ)

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Share Price: 2,344.00
Bid: 2,366.00
Ask: 2,368.00
Change: -66.00 (-2.74%)
Spread: 2.00 (0.085%)
Open: 2,450.00
High: 2,470.00
Low: 2,298.00
Prev. Close: 2,410.00
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Wizz Air passenger numbers soar in December as capacity increases

Tue, 03rd Jan 2023 10:04

(Alliance News) - Wizz Air Holdings PLC on Tuesday said its passenger numbers for December soared as capacity also increased.

The Budapest-based budget airline said December passenger numbers were up 58% to 4.2 million from 2.6 million a year earlier. This was alongside a load factor of around 85%, improving from 75%.

Capacity was also up 41% to 4.9 million from 3.5 million.

Carbon dioxide emissions were up 47% to 405,591 tonnes from 276,639 tonnes, but carbon dioxide emissions were down 13% to around 55.3 grams per passenger per kilometre from 63.8 grams. It claimed to be among the lowest in emissions per passenger per kilometre among its competitors.

Wizz Air said it continued to grow its network and improve its customer offering in December.

This includes launching new routes from Italy and Austria to Saudi Arabia, while expanding its aircraft fleets at bases in Vienna, Warsaw, Belgrade, Tirana and in Kutaisi, Georgia. It said the additional seven aircraft across all of the bases will operate on new routes and increased frequencies from 2023.

It also opened a new base in Suceava, Romania, while adding an additional aircraft to each of its bases in Iasi, Romania and Sofia.

Shares in Wizz Air were up 0.3% to 1,932.04 pence each in London on Tuesday morning.

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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