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Wizz Air

  • Wednesday, 27 November, 2024
    UK watchdog fines former Wizz Air executive for secret share trading

    Ex-supply chain manager fined £123,500 by FCA for breaching market abuse rules

    The logo of the Financial Conduct Authority displayed on a wall
  • Thursday, 7 November, 2024
    Wizz Air summer profits down a fifth after engine woes ground aircraft

    Forty-one planes on tarmac for inspection as low-cost carrier is forced to ease ambitious growth plans

    A Wizz Air plane parked on the tarmac at Ferenc Liszt International airport in Budapest, Hungary
  • Wednesday, 25 September, 2024
    Wizz Air says CEO is unlikely to meet targets needed to trigger £100mn bonus

    Company says award plan ‘underwater’ after it was hit by a string of crises

    József Váradi in front of a Wizz logo
  • Tuesday, 10 September, 2024
    Wizz Air bets on allure of cheap seats for new low-cost Middle East flights

    Airline to begin no-frills service from Europe to Jeddah and Abu Dhabi next year

    Passengers boarding a Wizz Air plane via a stairway at an airport in Poland
  • Thursday, 1 August, 2024
    Airlines
    Wizz Air shares drop as plane groundings hit profits

    Budget airline cuts forecast as it hires spare planes to fill holes in flight schedules

    A Wizz Air plane taking off
  • Monday, 6 May, 2024
    InterviewThe CEO
    Wizz Air CEO: ‘Crisis management became a constant’

    Wars, soaring oil prices and engine troubles have thrown European airline off course

    József Váradi
  • Saturday, 3 February, 2024
    Airlines
    European airlines prepare for record summer passenger numbers

    Ryanair, easyJet and Wizz Air point to signs of strong demand despite economic gloom and high ticket prices

    Passengers board an Easyjet aircraft
  • Wednesday, 17 January, 2024
    Wizz Air in £1.2mn extra customer payout after regulator orders complaint reviews

    Airline’s treatment of disrupted passengers in 2022 led to a high number complaints and concerns at the Civil Aviation Authority

    A Wizz Air Airbus A320 landing at Luton Airport
  • Sunday, 17 December, 2023
    Ryanair Holdings PLC
    Ryanair boss O’Leary on course for €100mn bonus

    Airline’s shares hit record high, inching closer to target price of €21 for share option reward

    Michael O’Leary
  • Tuesday, 14 November, 2023
    Industrials
    Some mildly interesting information about Wizz Air’s grounded planes

    Not an understatement

  • Thursday, 9 November, 2023
    Wizz Air cuts profit forecast as groundings threaten growth plans

    Low-cost airline faces ‘unprecedented operational challenge’ from engine problems affecting almost a quarter of fleet

    A Wizz Air plane on the tarmac in Budapest, Hungary
  • Thursday, 3 August, 2023
    InterviewJózsef Váradi
    Wizz Air chief hails ‘capitalist spirit’ behind £100mn bonus package extension

    József Váradi tells FT ‘common sense prevailed’ after significant number of investors rebel at shareholders’ meeting

    Wizz Air chief executive József Váradi
  • Wednesday, 2 August, 2023
    Wizz Air investors approve chief executive’s bonus package extension plan

    Almost 30% of carrier’s free float was cast against the move to give József Váradi until 2028 to unlock £100mn reward

    Wizz Air plan at an airport
  • Tuesday, 1 August, 2023
    Wizz Air faces pushback on plan to give chief extra time to hit £100mn bonus

    Proxy advisers ISS and Pirc oppose AGM resolution to grant József Váradi two more years to win one-off award

    József Váradi waves a ribbon as he looks out of the cockpit of a Wizz Air plane
  • Thursday, 27 July, 2023
    Wizz Air reprimanded over ‘unacceptable’ handling of complaints

    UK regulator orders low-cost airline to review compensation claims after it failed to pay customers what they were owed

    A Wizz Air passenger aircraft at the gate at Debrecen airport in Hungary
  • Thursday, 8 June, 2023
    Wizz Air expects return to profit after putting fuel hedging fiasco behind it

    European low-cost carrier buoyed by travel rebound after decision not to hedge fuel costs contributed to loss

    WIzz Air planes in Berlin
  • Thursday, 26 January, 2023
    Wizz Air losses narrow as ticket prices rise

    Low-cost airline’s chief says demand for travel remains strong despite economic slowdown

  • Friday, 4 November, 2022
    Investments
    Investors’ Chronicle: Lok’n Store, Wizz Air, Aston Martin Lagonda

    Companies analysis from our sister publication

  • Wednesday, 2 November, 2022
    Wizz Air losses widen but operations starting to ‘normalise’

    Hungarian low-cost carrier suffered months of disruption caused by staff shortages and airport security delays

    A Wizz Air plane takes off from Barcelona airport in Spain
  • Friday, 21 October, 2022
    Wizz draws up ambitious plans for flights from UK to Middle East and Asia

    European short-haul airline sets sights on destinations to Israel and Saudi Arabia in drive for growth

    Airbus A321XLR
  • Tuesday, 9 August, 2022
    Wizz Air to resume flights to Moscow through Abu Dhabi venture

    Analysts warn move could cause reputational damage to Hungary-based carrier in wake of invasion of Ukraine

    A Wizz Air aircraft on the ground at Debrecen International Airport in Hungary
  • Friday, 5 August, 2022
    Investments
    Directors’ Deals: Harbour Energy key shareholder cuts stake

    Oil and gas group’s share price has fallen 29 per cent since May

  • Monday, 11 July, 2022
    Airlines
    Heathrow warns of more flight cancellations as disruption continues

    UK airport says it will tell carriers to take action if needed as Wizz Air becomes latest airline to trim schedule

    Passengers queueing at Heathrow airport last month
  • Thursday, 9 June, 2022
    Pilot unions hit back at Wizz’s call for staff to go the ‘extra mile’ when tired

    Chief executive says budget airline needs to ‘take down fatigue rate’ that has led to flight cancellations

  • Wednesday, 8 June, 2022
    Wizz Air warns of more losses ahead of crucial summer season

    Low-cost carrier hit by staff shortages in air traffic control and ground handling

    Passengers disembarking from a Wizz Air plane
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