CDE News - The Dispatch

Wizz Air posts $289 mln quarterly operating loss

July 11 (Reuters) - Hungarian budget airline Wizz Air on Monday forecast a "material" quarterly operating profit on strong summer demand, but may reduce its aircraft usage in peak summer period to hedge…

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Wizz Air warns of flight cuts due to airport chaos

July 11 (Reuters) - Wizz Air expects to have to cut flights this summer due to labour shortages and strikes at European airports, the budget airline said on Monday, sending its shares…

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Wizz Air posts bigger annual loss, tackling staff shortages

June 8 (Reuters) - European budget airline Wizz Air on Wednesday reported a wider annual loss on soaring fuel costs and said it was deploying extra resources to minimize disruptions from staff shortages…

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Wizz Air says Ukraine flights operating as normal

LONDON, Feb 14 (Reuters) - Budget airline Wizz Air said on Monday it had not made any changes to its schedule of flights to and from Ukraine, but said passengers…

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UPDATED: Wizz Air investor AkademikerPension ditches stake over labour rights

LONDON, Feb 7 (Reuters) - Danish pension fund AkademikerPension said on Monday it was selling its stake in budget airline Wizz Air over alleged "human and labour rights abuses" towards…

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Wizz Air says Omicron uncertainty to hit demand in Q4

LONDON, Jan 26 (Reuters) - Hungary-based carrier Wizz Air posted a third-quarter operating loss of 213.6 million euros and said the fourth quarter loss was likely to be slightly higher…

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Wizz Air CEO says business class flying bad for environment

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

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Wizz Air warns of winter headwinds after return to profit

LONDON, Nov 4 (Reuters) - Hungary-based carrier Wizz Air warned that it faced headwinds over the winter months but would be ready to take advantage of the "exceptional opportunity" of…

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Wizz Air says September passenger numbers up 91% vs Sept. 2020

Hungarian low cost airline Wizz Air said on Monday its September passenger numbers were 91% higher and it flew 57% more seats compared to the same month last year, when…

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Italy may fine EasyJet, Wizz Air over surcharges for those accompanying minors, disabled

MILAN, Aug 20 (Reuters) - Italy's civil aviation authority ENAC said it could fine budget carriers EasyJet and Wizz Air for charging extra fees for seats assigned to adults accompanying…

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Wizz Air sees summer capacity close to pre-pandemic 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,…

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Europe’s Wizz Air expects to fully recovery from pandemic 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 on Monday. Speaking at the virtual…

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Wizz Air warns of more losses if restrictions not lifted

European budget airline Wizz Air warned of further losses in its current financial year, amid a slower-than-expected recovery from the COVID-19 pandemic. The ultra-low-cost carrier faces another "transition year" as…

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Wizz Air sees summer capacity at between 60%-80%

Wizz Air is planning to fly 60% to 80% of its 2019 capacity this summer, said its chief executive, as the Hungarian low-cost airline prepares for the travel situation to…

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Wizz Air forecasts gradual flying recovery into late summer

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

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Wizz Air to cut January flights due to UK lockdowns

Hungarian airline Wizz Air has cancelled flights as a result of Britain's new coronavirus lockdowns, with its chief executive forecasting January capacity will fall to 25% of year-earlier levels from…

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Wizz Air adds Cardiff base in hope of Mediterranean holiday demand rebound

Wizz Air is setting up a new airport base in Cardiff, ultra-low cost carrier said on Thursday, with plans to serve new Mediterranean routes from late March when it hopes…

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Wizz Air revenues plunge 72% in six months to September

Wizz Air said revenue plunged 72% in the six months ended September as passenger numbers shrunk during the pandemic, and forecast a challenging winter as restrictions continue. But the company…

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Wizz Air CEO expects smaller airline industry after pandemic

The world will have a smaller airline industry as a result of the coronavirus crisis with many privately funded carriers set to go under and governments throwing "good money after…

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Wizz Air trims October capacity forecast to half, points to muted winter

Hungarian low-cost carrier Wizz Air Holdings Plc said on Friday it expected to operate at half of its capacity in October, adding that it does not foresee operating at a…

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Wizz Air cuts passenger forecasts on virus restrictions hit

Hungarian low-cost carrier Wizz Air expects to fly at roughly 60% of capacity in the three months to the end of September, down from earlier projected levels as renewed travel…

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Wizz Air to reduce sharply its flights as of September 7th

Wizz Air will sharply reduce weekly flights to and from Hungary from Sept. 7, the airline said, after the government announced it would ban the entry of foreigners to try…

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Wizz Air warns recovery could stall on travel restrictions

Hungary's Wizz Air warned its industry-leading recovery could stall as COVID-19 warnings and restrictions hamper travel across Europe, but said Britain's quarantine rules had not led it reconsider long-term expansion…

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Wizz Air Abu Dhabi launched

Wizz Air, the largest low-cost airline in Central and Eastern Europe, on Monday announced the launch of Wizz Air Abu Dhabi, a national airline of the United Arab Emirates will…

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Wizz Air adds new flights between Britain and Spain, to open base in Italy

Hungary's Wizz Air is adding new flights between Britain and Spain and opening a base in Italy as it sees opportunities arising from the coronavirus crisis which is forcing competitors…

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Wizz Air’s Abu Dhabi joint venture to start flights this year

Wizz Air’s planned Abu Dhabi-based joint venture carrier is expected to start flying this year, the European budget airline said in a statement on Sunday. The joint venture with…

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Wizz Air to resume some flights from Luton

Low-cost European carrier Wizz Air has announced plans to resume some flights from Luton Airport on May 1. The airline said that the crew would wear masks and gloves on board…

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Wizz Air Announces Proposed Establishment of Wizz Air Abu Dhabi

Wizz Air Holdings announced that it has reached agreement in principle for the establishment of Wizz Air Abu Dhabi, United Arab Emirates in partnership with Abu Dhabi Development Holding Company PJSC ("ADDH"). The new…

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Wizz Air raises capacity outlook

Low-cost airline Wizz Air raised its capacity outlook as it delivered strong results for the three months ending June 30, bucking a recent trend of bad news in the industry.…

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Wizz Air delivers strong full-year results

Low-cost airline Wizz Air has delivered strong full-year results, with pre-tax profit up 4.5 per cent to €300m, bucking a recent trend of bad news in the industry. Chief executive…

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Wizz Air flight forced to make emergency landing because of bomb threat

Romanian authorities say a Wizz Air flight from Georgia to Poland was forced to make an emergency landing in Bucharest because of a bomb threat. The Airbus A320 travelling from…

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Saturday Morning Briefing

Good morning As expected the death of Shannon Mak is the lead story on Malta's Newspapers. Various happenings take different priorities around the world. As we go through 40…

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