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04 Jul, 2022 07:19 04 Jul, 2022 11:40

Wizz Air June passenger numbers soar

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Wizz Air

Low-cost carrier Wizz Air almost trebled passenger numbers last month as more people resumed travelling as Covid restrictions eased.

The company on Monday said it carried 4,340,115 passengers, a 179% increase year on year, at a load factor of 86.1%, up 22.1 percentage points.

Wizz also announced it will be returning to a systemic jet fuel hedge policy “given the sustained and ongoing volatility in commodity prices”.

Wizz Air has decided to reinstate a hedging policy and will be aligning it to those of its peers.

Reporting by Frank Prenesti at Sharecast.com


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Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.