Wizz Air December passenger numbers soar

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Wizz Air Holdings

1,363.00p

12:30 05/11/24

-0.37%

-5.00p

Hungary-based budget airline Wizz Air reported a 58.4% rise in passengers last month.

FTSE 250

20,440.93

12:30 05/11/24

n/a

FTSE 350

4,511.18

12:30 05/11/24

n/a

FTSE All-Share

4,468.44

12:30 05/11/24

n/a

Travel & Leisure

8,143.02

12:29 05/11/24

0.01%

0.43

The company carried 4,180,310 passengers in December, driven by new routes and expansions of existing services. The load factor rose to 84.5%, up 9.1 percentage points.

For 2022, passenger numbers more than doubled to 45.6 million from 21.7 million the previous year. Wizz Air started routes to Saudi Arabia from Austria and Italy last month.

It also expanded services to Rome, Vienna, Warsaw, Tirana in Albania, Kutaisi in Georgia and Belgrade in Serbia for 2023.

Reporting by Frank Prenesti for Sharecast.com