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Wizz Air has suspended plans to resume flights from Moscow to Abu Dhabi in the United Arab Emirates

Wizz Air suspends relaunch of Russia-UAE flights

European budget carrier Wizz Air has suspended plans to resume flights from the Russian capital of Moscow to Abu Dhabi in the United Arab Emirates, amid mounting criticism over the relaunch decision this month.

Business • 22 Aug 22

Wizz Air Abu Dhabi will resume flights to Russia in October

Wizz Air UAE to Russia flights to resume in October

European budget airline Wizz Air will resume flights from Abu Dhabi to Moscow from October, more than five months after the carrier suspended all services to Russia following Moscow's invasion of Ukraine in February.

Business • 08 Aug 22

The London-listed airline said it expected to deliver a material operating profit as revenue and pricing momentum continued to improve

Wizz Air operating loss hits €285m in first quarter

Low-cost airline Wizz Air has said its first-quarter operating loss jumped to €285 million from €109 million the year before, as it was hit by higher fuel costs, disruption at airports and some lingering Covid-19 restrictions.

Business • 27 Jul 22

The company reported an operating loss of 285 million euros in the first quarter

Wizz Air sees modest operating profit on strong demand

Hungarian budget airline Wizz Air has forecast a "material" quarterly operating profit on strong summer demand, but may reduce its aircraft usage in peak summer period to hedge for labour shortages and strikes at European airports.

Business • 11 Jul 22

Wizz has forecast a quarterly operating loss as it suffered significant costs from cancellations and 'operational hiccups' at airports

Wizz Air reinstates jet fuel hedging policy

European budget airline Wizz Air said today it was reinstating a jet fuel hedging policy, to be executed over the next few weeks, and placing additional fuel price caps for the second half of fiscal 2023, as it battles soaring fuel prices.

Business • 16 Jun 22

Wizz Air reported a loss of 642.5 million euros for the year ended March 31

Wizz Air expects Q1 operating loss amid staff shortages

European budget airline Wizz Air has forecast an operating loss for the first quarter of the current fiscal year and reported a bigger annual loss, amid disruptions in the wider industry due to staff shortages at airports and supply-chain snags.

Business • 08 Jun 22

International Air Transport Association Director General Willie Walsh

Airline body IATA now sees industry recovery in 2023

The head of the world's biggest airline trade body has said that the recovery in passenger traffic was accelerating and that on average, the industry could now return to pre-pandemic figures in 2023, a year earlier than its previous forecast.

Business • 10 May 22

Wizz Air reported a €576m net loss for last year

Wizz Air flags wider annual loss on subdued demand

European budget airline Wizz Air has today warned of a bigger annual loss of between €652m and €632m.

Business • 14 Apr 22

The $23 billion fund was one of 14 investors that called on Wizz in December to allow employees to form and join trade unions

Wizz Air investor ditches stake over labour rights

Danish pension fund AkademikerPension said today it was selling its stake in budget airline Wizz Air over alleged "human and labour rights abuses" towards its workers.

Business • 07 Feb 22

The fast growing airline has used the pandemic to cut costs and acquire additional landing slots

Wizz Air expects travel demand to improve in spring

Hungary-based carrier Wizz Air posted a third-quarter operating loss of €213.6 million and said the fourth quarter loss was likely to be slightly higher than that, before an expected improvement in spring.

Business • 26 Jan 22

The Wizz Air chief said that if a carrier cannot operate their slots they should be made available to rivals

No evidence of "ghost flights" - senior EU official

Europe's use it or lose it airport slot rule has not created issues for airlines during the COVID-19 pandemic nor is there any evidence of carriers operating ghost flights because of the rule, a senior European Commission official said.

Business • 13 Jan 22

Wizz Air's chief executive Jozsef Varadi said there was no place for business class on short-haul flights

Wizz CEO says business class flying bad for environment

The boss of Hungarian budget airline Wizz Air has attacked the sustainability credentials of traditional airlines like Air France-KLM and Lufthansa, saying business class flying was bad for the environment.

Business • 10 Nov 21

Wizz Air said it was already back flying as much as it did before the pandemic in 2019

Wizz Air warns of winter headwinds

Hungary-based carrier Wizz Air warned today that it faced headwinds over the winter months, but it said it would be ready to take advantage of the "exceptional opportunity" of next summer, after it returned to profit for the July-September quarter.

Business • 04 Nov 21

Ryanair said it operated over 69,500 flights in September

Ryanair passenger numbers continue their recovery

Ryanair said it flew a total of 10.6 million passengers in September of this year as Covid travel restrictions eased.

Business • 04 Oct 21

Ryanair, EasyJet and Wizz Air will have to overcome significant challenges to come out on top of the race for budget airline supremacy

EasyJet bid kicks off race for budget airline supremacy

Europe's no-frills airlines are heralding a once-in-a-lifetime opportunity to grab market share from traditional carriers struggling to emerge from the pandemic, but each will have to overcome significant challenges to come out on top.

Business • 10 Sep 21

EasyJet said the all-share approach - reportedly from Wizz Air - fundamentally undervalued the business

EasyJet rejects Wizz bid, raises $1.7bn to go it alone

EasyJet has rejected a takeover approach from Wizz Air that would have created a low-cost airline to rival Ryanair, opting instead to raise $1.7 billion from shareholders and go it alone in an industry battling to recover from the pandemic.

Business • 09 Sep 21

Wizz reported an underlying net loss of €118.7 million and liquidity of €1.7 billion

Wizz Air sees summer capacity close to pre-Covid levels

Hungarian airline Wizz Air said it expected capacity to ramp up to between 90% and 100% of pre-pandemic levels in July and August as summer demand for European travel grows, and any further easing of UK restrictions could provide an added boost.

Business • 28 Jul 21

Icelandic airline Play launches its maiden flight this week to London Stansted from Reykjavik

New airlines hope to take a bite out of Nordic market

Icelandic airline Play launches its maiden flight this week, the latest newcomer betting on cheap planes and pent-up travel demand, undeterred by the near collapse of the region's Norwegian Air.

Business • 24 Jun 21

Wizz Air said it expects to fully recover from the Covid crisis as travel demand rebounds from the pandemic

Wizz Air expects to fully recovery from Covid next year

European budget carrier Wizz Air expects to fully recover from the coronavirus crisis as travel demand rebounds from the pandemic, its chief executive said today.

Business • 21 Jun 21

Wizz Air said the ongoing uncertainty meant it could not provide financial guidance for its new financial year

Wizz Air forecasts gradual travel recovery into summer

Hungarian low cost airline Wizz Air has forecast that flying would only recover gradually into late summer, as the travel industry enters a second year of pandemic restrictions.

Business • 15 Apr 21

Wizz Air's largest investor Indigo Partners has sold about half its stake in the Hungary-based low cost airline

Wizz Air's biggest shareholder sells half its stake

Wizz Air's largest investor Indigo Partners sold about half its stake in the Hungary-based low cost airline to institutional investors, raising gross proceeds of around £400m.

Business • 16 Mar 21

Ryanair and other budget airlines, which do not compete in long-haul markets, and environmental groups wrote to the Commission this week

Budget airlines seek EU sustainable fuel quotas

Ryanair, Easyjet and other low cost airlines have written to the European Union asking that its plan to force carriers to use a certain share of sustainable fuels apply to all flights, not just short-haul ones.

Business • 11 Mar 21

Wizz Air said its revenue fell 76.5% to €149.9m in the three months ended December 31 - its third quarter

Wizz Air sinks to €115m loss in third quarter

Hungarian airline Wizz Air sank to a €114.5m quarterly loss today, after a second wave of Covid-19 spread across Europe limiting travel and said capacity would be depressed until March.

Business • 28 Jan 21

Wizz Air said it flew 35% of 2019's capacity in December

Wizz to cut flying plans on new lockdowns

Wizz Air will cut its flying plans for January because of new lockdowns in Britain, its chief executive Jozsef Varadi said, adding there was little visibility for the coming months but travel demand should return by summer.

Business • 07 Jan 21

During the month it carried 456,000 passengers compared to the the 3 million it flew in November 2019.

Wizz Air passenger numbers down 85% in November

Hungarian low cost airline Wizz Air said passenger numbers were down 85% in November compared to the same month last year, as restrictions related to the pandemic prolonged the travel slump.

Business • 02 Dec 20