Wizz Air: Huge shareholder revolt over plans to hand boss bumper bonus September 26, 2024 Wizz Air has suffered a huge shareholder revolt against its plans to hand its chief executive a bumper pay deal. The airline is looking to give Jozsef Váradi a restricted share award which would represent 300 per cent of his £710,534 salary. The listed company has argued that Váradi’s compensation doesn’t reflect a unique “parade [...]
Short sellers circle Wizz Air amid share price struggles September 23, 2024 The latest data from S & P shows shares out on loan represent 13 per cent of Wizz Air's stock available for trading.
Wizz Air to tap Middle East demand with long range Airbus jets September 10, 2024 The Hungarian airline is the first ultra low-cost carrier to operate the Airbus A321XLR, which has a range of 4,700 nautical miles.
Ryanair and Wizz Air smash passenger records as summer travel demand booms September 3, 2024 Low-cost rivals Ryanair and Wizz Air reported record passenger numbers in August as travel demand booms in the peak summer period.
British Airways and Wizz Air suspend flights to Israel amid escalation August 25, 2024 British Airways and Wizz Air flights between the UK and Israel have been cancelled following an escalation of hostilities in the Middle East overnight. British Airways has halted its flights between Heathrow and Tel Aviv in both directions between Sunday and Wednesday, the airline said. Wizz Air also said it is “temporarily suspending” flights to [...]
Will Wizz Air’s flight subscription take the brand to new heights? August 22, 2024 Wizz Air recently announced an “all you can fly” offer for £534 per year. It’s a splashy move, and it’s provoked some scepticism among industry analysts. But will it prove a hit with air travellers? Data from YouGov Surveys shows that just over a third of Britons who have travelled by air (36 per cent) [...]
Why is Wizz Air training pilots using virtual reality? We went to Budapest to find out August 20, 2024 Join Morning Wire in Budapest, Hungary, as we visit Wizz Air's pilot training centre. The budget carrier is using Airbus-developed virtual reality to train new pilots.
Wizz Air passenger numbers dip as engine issues constrain capacity August 2, 2024 Wizz Air has been forced to constrain capacity due to long-running issues with the engines of some of its aircraft.
Wizz Air shares nosedive as engine troubles hammer profits August 1, 2024 Operating profit fell from €79.9m to €44.6m, well below analyst expectations of €171m, in a poor set of results for the airline.
Wizz Air: We are not the worst airline in the UK (after being voted the worst, again) July 31, 2024 The Hungarian budget carrier has repeatedly come out bottom of the pile of a number of Which? surveys assessing the UK airline industry.