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October passenger numbers slump 69% in October

StockMarketWire.com

European budget airline Wizz Air reported an expected slump in passenger numbers for October.

The FTSE 250 company published traffic figures that showed capacity down 55% and passenger numbers off by 69% when compared with last year.

The company has been persisting throughout the Covid-19 crisis, opening new routes in Norway and establishing a new Italian base in Bari, but the aviation sector is going to remain constrained for some time yet as new lockdowns across Europe take a toll.

At 8:44am: (LON:WIZZ) Wizz Air Holdings PLC share price was +104p at 3390p


Story provided by StockMarketWire.com