Wizz Air passenger numbers grow 11.4pc in August

(Sharecast News) - Low-cost carrier Wizz Air said on Tuesday that it had carried 6.91m passengers during August, an 11.4% increase year-on-year. Wizz Air also said seat capacity increased 12.1% year-on-year, with a "resilient" load factor of 94.8%, down only -0.60 percentage points on last year's load factor of 95.4%, demonstrating "continued strong demand".

On the operational front, the London-listed group stated that while the last originating service from its to-be-closed Abu Dhabi base flew on 31 August, Wizz said it was now continuing to rebuild its Tel Aviv station following the Summer suspension, with a full service of 24 routes to be deployed by mid-September.

Wizz Air also announced a strategic distribution partnership with flight content aggregator Travelfusion during August, which it said will help it better reach the 45% of travellers in Europe who still prefer to book through a retail channel, positioning it for "incremental revenue growth and expanded market reach".

As of 0925 BST, Wizz shares were down 2.67% at 1,313.52p.







Reporting by Iain Gilbert at Sharecast.com