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IN BRIEF: Wizz Air at milestone of 500 million passengers in 21 years

ALN

Wizz Air Holdings PLC - Budapest-based budget airline - Carries 5.3 million passengers in January, up 8.5% from 4.9 million a year before. However, capacity is increased by 11%, so load factor slips to 84.4% from 86.0%. On a rolling 12 month basis, Wizz carries 69.0 million passengers, up 9.8% from 62.9 million a year before. Capacity is up 10%, so load factor edges down to 90.9% from 91.1%.

Wizz notes it reached a new milestone in its network expansion and ‘densification’ strategy, with the carrier now offering 1,000 air routes across its network, connecting 200 destination is more than 50 countries. It also crosses the milestone of carrying 500 million passengers in its first 21 years in operations.

Wizz Air reports its carbon emissions on a monthly basis as well. Its emission of CO2 in grammes per passenger kilometre was down 2.0% on year in January. Its rolling 12-month emissions on the same basis were down 3.0%.

Current stock price: 1,418.00 pence

12-month change: up 15%

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