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Wizz Air Expects To Operate 50% Of Capacity In Oct. Versus Last Year
Wizz Air Holdings Says August Load Factor 70.9%
Wizz Air Expects Capacity For Q2 At Roughly 60%
Wizz Air Holdings Plc is a United Kingdom-based airline company. The Company provides low-cost air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and into the Caucasus and the Middle East. It operates a fleet of approximately 60 Airbus A320 aircraft, and offers over 380 routes from 22 bases, connecting 112 destinations across 38 countries. In addition, the Company offers approximately 50 Hungarian routes to 22 countries from two Hungarian airports. It offers its services across various regions, such as Gdansk, Lublin, Poznan, Katowice, Warsaw and Wroclaw in Poland; Budapest in Hungary; Sofia in Bulgaria; Bucharest, Cluj-Napoca Tirgu Mures, Craiova and Timisoara in Romania; Kyiv in Ukraine; Prague in Czech Republic; Belgrade in Serbia; Vilnius in Lithuania; Skopje in Macedonia; Riga in Latvia; Tuzla in Bosnia, and Herzegovina and Kosice in Slovakia. Its subsidiaries include Wizz Air Hungary Limited and Wizz Air Ukraine Airlines LLC.
World Trade Center 1
10 Route de l Aeroport,
PO Box 844
William A. Franke
Chairman of the Board
Chief Executive Officer, Executive Director
Deputy Chief Executive Officer, Managing Director
Group Chief Financial Officer, Executive Vice President
Diederik R. Pen
Group Chief Operating Officer, Executive Vice President
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Hungarian low-cost carrier Wizz Air Holdings Plc <WIZZ.L> said on Friday it expected to operate at half of its capacity in October, adding that it does not foresee operating at a higher capacity during the winter if current pandemic curbs remain.
Hungarian low-cost carrier Wizz Air <WIZZ.L> expects to fly at roughly 60% of capacity in the three months to the end of September, down from earlier projected levels as renewed travel restrictions in Europe and Hungary hit passenger numbers.
Hungarian low-cost carrier Wizz Air said on Tuesday it expects capacity for the second-quarter at roughly 60% in light of renewed travel restrictions in Europe and particularly in Hungary, due to a resurgence in coronavirus cases.
Wizz Air <WIZZ.L> will sharply reduce weekly flights to and from Hungary from Sept. 7, the airline said, after the government announced it would ban the entry of foreigners to try to rein in the coronavirus outbreak.
* Says UK quarantine rules manageable (Adds detail, background)
Hungary's Wizz Air remains committed to expansion in Britain despite government quarantine rules which have created a roller coaster scenario for airlines trying to restart travel after months of lockdowns.
Hungarian low-cost carrier Wizz Air said off and on-again COVID-19 restrictions meant the travel industry's recovery would be bumpy, and it could not provide financial guidance for the current year.
Low-cost airline Wizz Air urged the European Union on Thursday to reinstate airport slot rules following a suspension that has allowed carriers to hold on to take-off and landing rights during the coronavirus crisis.
The chief executive of Wizz air said airlines faced months of uncertainty as some countries reintroduced restrictions and that the recovery of flying in Europe would not be "a straight line".
* WIZZ AIR HOLDINGS - JUNE 2020 TRAFFIC AND CO2 EMISSION STATISTICS
Lufthansa pledged tough restructuring on Wednesday, even as budget rival Wizz Air upgraded a Middle Eastern expansion - underscoring the contrasting fortunes among airlines grappling with the coronavirus crisis.
* Plans for Abu Dhabi JV to be six planes in Oct, up from three
Wizz Air's Abu Dhabi-based joint venture will now be bigger than originally planned with six aircraft up from three, the Hungary-based carrier's chief executive said on Wednesday.
Hungarian low-cost airline Wizz Air grew profits by 30% in the year to the end of March 2020, but said that it could not provide guidance for this year because of the coronavirus pandemic which has heavily restricted air travel.
Hungary's Wizz Air is adding new flights between Britain and Spain and opening a base in Italy as it sees opportunities arising from the coronavirus crisis which is forcing competitors to contract.
Hungarian budget airline Wizz Air said it was expanding by opening four new bases in Milan in Italy, Larnaca in Cyprus, Lviv in Ukraine and Tirana in Albania, as it plans to stimulate air travel with its low cost ticket prices.
Wizz Air <WIZZ.L> needs more details on British plans to quarantine travellers before it can assess their impact after seeing strong demand for the routes it has started operating during the coronavirus crisis, its chief executive told Reuters.
Low cost airline Wizz Air <WIZZ.L> said it is planning for the easing of travel restrictions by starting new routes from Britain's London Luton airport to holiday destinations in Portugal from 16 June and to Greece from July.
Europe's biggest budget airline Ryanair <RYA.I> posted a 99.6% fall in passenger numbers in April, while smaller low cost carrier Wizz Air <WIZZ.L> said numbers plunged 97.6%, as the novel coronavirus halted most flying across Europe.
Hungarian low cost airline Wizz Air said its passenger numbers plunged 98% in April compared to the same month last year as the novel coronavirus halted most flying across Europe.
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