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WZZAF / Wizz Air sees widening operating loss in Q4 on ongoing travel uncertainty

Wizz Air Holdings PLC (AIM:WIZZ) said it expects operating losses for the final quarter of its current financial year to widen slightly from the preceding three months as travel uncertainty caused by the Omicron variant of coronavirus continues to impact demand. But despite the emergence of Omicron, passenger numbers continued to recover in the third quarter to 31 December 2021, exceeding pre-pandemic 2019 levels during the peak holiday travel period, the airline said in a trading update. Read More

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Posted: Jan 26 2022, 03:04

Author Name: Proactive Investors

WZZAF News

By Proactive Investors
November 3, 2023

Wizz Air bounces 9% ahead of interim results, amid engine and Middle East concerns

Shares in Wizz Air Holdings PLC (AIM:WIZZ) bounced over 9% on Friday, ahead of half-year results the following Thursday and after more than halving

By Proactive Investors
October 20, 2023

Wizz Air faces further challenge from Middle East conflict

The Israel-Palestine conflict adds a new challenge for Wizz Air Holdings PLC (AIM:WIZZ), on top of its uncertainties from the GTF engine problems. B

By Proactive Investors
October 18, 2023

Wizz Air dives as Citi highlights short haul pricing concerns

Shares in Wizz Air Holdings are flying low, down 3.2% at 1,642p after Citi put the stock on its sell list, downgradng fom neutral. "We believe pricing

By Proactive Investors
October 3, 2023

Wizz Air passengers jump by a fifth as slowdown concerns batted off

Wizz Air Holdings PLC (AIM:WIZZ) has reported that the number of passengers booked on its flights jumped by a fifth in September, as capacity and load

By Proactive Investors
September 12, 2023

Wizz Air needs engine issue to be sorted by summer, says broker

Wizz Air said while the loss of capacity due to Pratt & Whitney's engine problems is a notional negative, being short of capacity in the seasonally we

By Reuters
September 11, 2023

Wizz Air sees 10% capacity reduction in H2 2024 amid Pratt & Whitney inspection

Wizz Air said on Monday it estimates a potential 10% capacity reduction in the second half of fiscal 2024 as a result of an inspection of Pratt & Whit

By Proactive Investors
August 4, 2023

Wizz Air's risky hedge structure prompts broker downgrade

Wizz Air Holdings PLC (AIM:WIZZ)'s decision not to buy aviation fuel in advance poses a risk, Barclays analysts have warned. Given a marked 20% increa

By CNBC International TV
August 3, 2023

The industry hasn't fully recovered to pre-pandemic levels, says Wizz Air CEO

József Váradi, CEO at Wizz Air, discusses its results.

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