Member Info for Lee21

Shorts @ 2.06% as of the 5th.

Coronation Fund Managers Have increased their holding from 4 to 5%

Hungarian low-cost airline Wizz Air says it will gradually resume flights to and from Israel’s Ben Gurion Airport on December 20.

The announcement comes shortly after a ceasefire between Israel and the Iran-backed Hezbollah in Lebanon came into effect.

Wizz Air says it will start operating a route from Tel Aviv to Larnaca with 4 flights per week on December 20. The low-cost carrier is offering the first 1,000 flight tickets to Larnaca for 50 euros (NIS 192) per one-way ticket.

https://www.timesofisrael.com/liveblog_entry/wizz-air-announces-gradual-resumption-of-flights-to-israel-starting-december-20/

Maybe it was meant to be 143,091 :)

A bit unclear in the RNS. It says volume 1430.91 that can’t be right?

They have most probably opened their shorts when it was £22 or more. What burning are you talking about. Institutions don’t normally loose when they short. Anyways lets see what the results day brings.

Have acquired 3% stake. Hopefully this is received as good news.

"I don't think that the share price is reflective of the actual performance of the business," said Varadi.

He said the market was over-reacting and Wizz Air was being "disproportionately affected" by factors such as geopolitics and problems with Pratt and Whitney's engines.

Asked about fares, Varadi said summer data showed Wizz Air was not seeing as huge price declines as those that some rivals had flagged.

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https://www.ft.com/content/7bad16e6-ad2e-4a6c-9b51-0a316c1d6a25

“Can Wizz fly long-haul efficiently enough to offer seats so cheap that it overcomes the need for some sort of level of comfort on these flights?”

He added that the low-cost model of having crew and aircraft on multiple flights a day and flying from smaller, cheaper airports was harder to apply to longer flights.

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https://www.ft.com/content/7bad16e6-ad2e-4a6c-9b51-0a316c1d6a25

Low-cost airline Wizz Air will launch services between Europe and the Middle East next year, betting that passengers will trade premium seats and on-board entertainment for no-frills flights lasting some seven hours.

The London-listed carrier on Tuesday announced a new route between London Gatwick and Jeddah in Saudi Arabia from March next year, as well as flights from Milan to Abu Dhabi from June.

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https://www.ft.com/content/7bad16e6-ad2e-4a6c-9b51-0a316c1d6a25

The airline will use new long-range single-aisle A321XLR planes on the routes, on order from Airbus.

The A321XLR has a range of 8,700km and can fly for up to 8 hours when configured with Wizz’s all-economy set-up, opening up routes traditionally served by large and less fuel efficient wide-body planes to low-cost operators.

“The Airbus A321XLR is the most cost-efficient aircraft in its class. Its enhanced range capability allows Wizz Air to connect the farthest destinations in its network, while also providing opportunities for further expansion,” said József Váradi, Wizz Air’s chief executive.

Several airlines already operate low-cost long-haul routes, including Singapore’s Scoot and Norse Atlantic Airways, which offers transatlantic flights.

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https://www.ft.com/content/7bad16e6-ad2e-4a6c-9b51-0a316c1d6a25

But unlike those airlines, which offer some of the facilities associated with long-haul flying such as premium cabins and on-board entertainment, Wizz Air’s Middle East flights will compare to its short-haul services in Europe: all economy seats and without frills.

“This will really test the power of pricing,” said Andrew Charlton, managing director of consultancy Aviation Advocacy.

“Can Wizz fly long-haul efficiently enough to offer seats so cheap that it overcomes th

Https://www.ft.com/content/7bad16e6-ad2e-4a6c-9b51-0a316c1d6a25

Capital Group Companies have increased their holding by 5% maybe short covering?

Sorry who is TU? Surely you don’t mean Tui??

I am sure they meant to write from 170 to 190.

Fantastic, I will just buy more.

You were right. Blackrock have increased their holding.

85 mil now.

By the way just over 74 mil volume today.

https://www.ft.com/content/0b9ac71a-f1fd-42a1-b117-1c57b8f4f49c

Also final divi 4.78 pence subject to shareholder approval.