Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Wizz Air passenger numbers grow further in March

Wed, 03rd Apr 2024 07:23

(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.

The FTSE 250 company said its capacity reached 5,260,659 seats, up 13.6% year-on-year, making for a slight decline in the load factor to 90.8%, down 1.3 percentage points.

Looking at the broader rolling 12 months ended 31 March, passenger numbers soared 21.4% year-on-year, reaching 62,015,792.

Capacity experienced an 18.3% rise, with 68,813,271 passengers carried during the period, achieving a load factor of 90.1%, up by 2.4 percentage points.

Operationally, Wizz Air resumed flights to Tel Aviv, Israel, initiating operations from six bases, with plans for further route resumptions in April, May, and June.

Additionally, it announced special flights tailored for football enthusiasts travelling to the UEFA European Football Championship in Germany this summer.

The airline deployed all-female crews on selected flights on International Women's Day, and hosted its inaugural 'Women on Air' event.

On the environmental front, the airline said it consistently reported the lowest carbon dioxide emissions per passenger-kilometre among its competitors, recording 52 grams per passenger-kilometre for the rolling 12 months ended 31 March.

However, for the month of March, carbon dioxide emissions slightly increased by 1.3%, totaling 51.5 grams per passenger-kilometre compared to the same period last year.

At 0818 BST, shares in Wizz Air Holdings were up 0.94% at 2,140p.

Reporting by Josh White for Sharecast.com.

Related Shares

More News
24 May 2024 09:23

LONDON BROKER RATINGS: HSBC cuts Aviva; Deutsche Bank cuts Ryanair

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

23 May 2024 16:46

London close: Stocks slip on UK election, US jobless claims

(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.

23 May 2024 10:09

Wizz Air swings to annual profit as revenue and passenger numbers rise

(Alliance News) - Wizz Air Holdings PLC on Thursday said it swung to an annual profit, as revenue rose strongly in its financial 2024 alongside rising...

23 May 2024 09:46

Wizz Air returns to profit, sees robust year for travel

Company expects 500-600 mln euros FY25 net profit *

23 May 2024 07:47

LONDON BRIEFING: National Grid plans GBP7 billion capital raise

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, with focus on interest rate policy in the UK and US.

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.