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Pin to quick picksWizz Air Regulatory News (WIZZ)

Share Price Information for Wizz Air (WIZZ)

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February 2024 Traffic and CO2 Emission Statistics

4 Mar 2024 07:00

RNS Number : 3672F
Wizz Air Holdings PLC
04 March 2024
 

FEBRUARY 2024 TRAFFIC AND

CO2 EMISSION STATISTICS

WIZZ AIR CARRIED 4.4 MILLION PASSENGERS,

AN INCREASE OF 16% YEAR-ON-YEAR

Ticker: WIZZ

Geneva, 4 March 2024: Wizz Air Holdings Plc ("Wizz Air"), the fastest growing and one of the most sustainable European airlines, today announces passenger and CO2 emission statistics for February 2024.

In February 2024, Wizz Air carried 4,385,695 passengers, representing a 15.8% increase year-on-year, at a load factor of 90.0%. The February load factor continued to be impacted by reallocated Israel capacity and more flown capacity than anticipated, as some of the aircraft groundings related to the mandatory GTF engine inspections occurred later than expected.

The airline continued to grow its network and improve its customer offering in February. During the month:

· Wizz Air announced the opening of its second training center in Rome scheduled for May of 2024. The training center will house three full-flight simulators with capacity to train over 4800 Wizz Air pilots yearly.

· Wizz Air strengthened its leading position in Hungary by adding two Airbus A321neos to its Budapest based fleet and has announced official partnership with the Hungarian Olympic Committee.

· Wizz Air improved its score in CDP's 2023 (Carbon Disclosure Project) global environmental impact ranking. An overall "B" score in the CDP ranking indicates that Wizz Air is taking coordinated action on climate issues.

· Wizz Air has been awarded 'Strategic Investment of The Year - Europe' at the 2023 SAF Investor Awards, recognizing Wizz Air's equity investment in Firefly Green Fuels, a UK-based biofuel company dedicated to SAF production from sewage sludge.

· Wizz Air continues to consistently report the lowest CO2 emissions per passenger/km among competitor airlines, with 52.0 grams per passenger/km for the rolling 12 months to 29 February 2024. For the month of February, CO2 emissions were 51.4 grams per passenger/km (5.1% higher than the same month last year).

Month

Rolling 12 months

 

February

2024

February

2023

Change**

 

29 February

2024

28 February

2023

Change

 

Capacity (seats)

4,872,083

4,059,387

20.0%

68,182,803

56,431,974

20.8%

 

Passengers*

4,385,695

3,786,739

15.8%

61,504,086

49,280,667

24.8%

 

Load Factor**

90.0%

93.3%

-3.3pp

90.2%

87.3%

2.9pp

 

*booked passengers; January 2024 passengers figure of 4,740,815 revised up by 1,005 passengers to 4,741,820 due to a reporting error.

**rounded to one decimal place

 

Wizz Air Monthly CO2 Emission Statistics*

Month

Rolling 12 months

 

February

2024

February

2023

Change**

 

29 February

2024

28 February

2023

Change

 

CO2 emissions in tonnes

409,624

337,782

21.3%

5,671,878

4,510,491

25.7%

 

CO2 grams per passenger/km**

51.4

48.9

5.1%

52.0

54.2

-4.1%

 

* excluding cargo flights; January 2024 CO2 emissions of 475,294 tons revised up by 6,484 tons to 481,778 tons due to a reporting error.

**rounded to one decimal place; January 2024 CO2 grams per passenger/km revised up by 0.7g to 55.6g due to a reporting error.

 

 

- Ends -

 

ABOUT WIZZ AIR

Wizz Air, the fastest growing European ultra-low-cost airline, operates a fleet of 201 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 60.3 million passengers in 2023. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named the World's Top 5 Safest Low-Cost Airlines 2024 by airlineratings.com, the world's only safety and product rating agency, and named Airline of the Year by Air Transport Awards in 2019 and in 2023. Wizz Air has also been recognised as the "Most Sustainable Low-Cost Airline" within the World Finance Sustainability Awards in 2021-2023 and the "Global Environmental Sustainability Airline Group of the Year" by the CAPA-Centre for Aviation Awards for Excellence 2022-2023.

For more information:

Investors:

Zlatko Custovic, Wizz Air

+36 1 777 9407

Media:

Tamara Vallois, Wizz Air

 

James McFarlane/Eleni ?Menikou/Charles Hirst, MHP Group:

+36 1 777 9324

 

+44 (0) 20 3128 8100

 

 

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