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- The Hungarian airline records a year-on-year increase in passenger numbers of 15.8% in February
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Wizz Air saw an increase in passenger numbers last month, as the low-cost airline said its load factor “continued to be affected by reallocated capacity from Israel.”
The Hungarian airline saw a 15.8 percent year-on-year increase in passengers to 4.4 million in February.
The London-listed company also added that its loading capacity (the proportion of available seats occupied by customers) was 90 per cent.
The Hungarian airline saw a 15.8 percent year-on-year increase in passengers to 4.4 million in February.
In a trading update, the group said: “February load factor continued to be affected by reallocated capacity from Israel and by higher capacity flown than anticipated.”
He added that this was because “some of the aircraft groundings related to mandatory GTF engine inspections occurred later than expected.”
The company also revealed that carbon dioxide emissions increased 5.1 percent to 51.4 grams during the same period.
The company also announced that it would open a new training center in Rome in May. The center will have the capacity to train more than 4,800 pilots per year.
In January, the company revealed that it carried 4.96 million passengers in December 2023, compared to 4.18 million in December 2022, despite widespread cost of living pressures affecting Europe and conflicts in Middle East. East.
While the group’s load factor fell 2.4 percentage points to 82.1 percent, its total seating capacity increased by around 1.1 million to 6.04 million.
Meanwhile, Wizz Air-Abu Dhabi, a joint venture with UAE-based holding company ADQ, achieved a record year after doubling flight volume to 15,000 and transporting more than 3 million people.
Wizz Air Stock They were down 1.03 per cent at 2,212 pence in Monday morning trading.
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