The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Ryanair and Wizz Air carry more passengers in May, note strike impact

Fri, 02nd Jun 2023 07:47

(Alliance News) - European budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Friday said they carried more passengers last month than in April and a year before.

Dublin-based Ryanair said the number of passengers carried in May rose by 10% to 17.0 million from 15.4 million a year earlier. This also was up from 16.0 million in April. Ryanair's load factor improved to 94% in May from 92% a year before and unchanged from 94% in April.

Ryanair noted that passenger traffic in May had been hurt by French ATC strikes. It operated over 94,400 flights over the month, but cancelled over 300 on industrial action.

On a rolling 12 month basis to May 31, the number of passengers carried by Ryanair climbed 39% to 171.9 million from 123.8 million a year before. Load factor increased to 94% from 84%.

Budapest-based Wizz Air said it carried 5.0 million passengers in May, up 22% from 4.1 million a year before. This also was up from 4.9 million in April. The load factor improved to 90.2% from 84.2% a year before, and up from 90.9% in April.

On a rolling 12-month basis to May 31, passenger numbers surged 59% to 53.2 million from 33.5 million a year before. Load factor improved to 88.9% from 80.3%.

Ryanair shares last traded at EUR16.71 in Dublin on Thursday, while Wizz Air shares last traded at 2,791.03 pence.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
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:

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...

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 equiti...

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 sli...

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 ac...

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.