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Wizz Air Holdings PLC on Monday reported sharp growth in traffic in June, as it mulls hydrogen-powered aircraft operations.
The Budapest-based budget airline said it carried 4.3 million in June this year, nearly tripled from 1.6 million in June 2021.
The figure is also 19% higher than in pre-pandemic June 2019, when it recorded 3.6 million passengers.
Capacity rose year-on-year to 5.0 million seats from 2.4 million and load factor improved to 86.1% from 64.0%.
The capacity was higher than the 3.8 million seats in June 2019, however load factor lagged behind June 2019 levels of 95.0%.
The figures come as airports across the globe are gripped with cancellations and delays. Carriers, which cut jobs in the wake of the Covid-19 pandemic, have struggled to cope with a pick-up in demand as restrictions have eased.
Wizz Air said it continued to grow its network and improve its customer offering in June.
It has signed a memorandum of understanding with Airbus to explore the potential for hydrogen-powered aircraft operations. ‘The cooperation will allow Wizz Air to analyse the potential for highly efficient, ultra-low-cost hydrogen powered operations,’ it explained.
Wizz Air also said 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,’ the firm said.
Wizz Air shares were up 1.9% at 1,894.59 pence each in London on Monday morning.
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