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Wizz AIr

  • ‘Critically low levels’: UK braces for jet fuel shortage as rationing looms

    Energy

    The UK is particularly vulnerable to the jet fuel shortages caused by the Iran war, as the risk of rationing looms as supplies fall to “critically low levels” while the summer holidays creep closer. The ongoing closure of the Strait of Hormuz has led to an “extreme tightness” in the supply of jet fuel in [...]

    Europe's largest airline reported a 16 per cent decline in post-tax profit to €1.61bn (£1.4bn) over the 12 months ended 31 March.
  • Wizz air urges Brits to ‘book with confidence’ despite rising fuel fears

    Transport & Infrastructure

    Wizz Air has moved to reassure passengers its summer schedule will run as planned, as concerns mount over potential flight disruption linked to the Middle East conflict. The budget carrier said its operations remain “fully stable and unaffected”, despite warnings from ministers that jet fuel shortages could impact travel during the peak holiday season. A [...]

    Wizz Air was named as the UK's worst airline for delays three years in a row.
  • Jet fuel shortage looms as government scrambles to secure supplies

    Transport & Infrastructure

    The government is scrambling to secure UK airlines’ emergency access to jet fuel as global shipments fall to their lowest level on record. Global shipments of jet fuel have fallen to their lowest level on record, as the blockage to the Strait of Hormuz threatens to suffocate supply to the world’s airlines.  Under 2.3m tonnes [...]

    The Government’s ambition is for the UK to have 50 million international visitors a year by 2030.
  • Easyjet tops FTSE 100 risers as airline, travel shares rocket after Hormuz reopening

    April 17, 2026

    Airline and travel shares listed on the London Stock Exchange have rocketed after Iran said it has reopened the Strait of Hormuz, potentially signalling an end to weeks of chaos to the tourism industry. London-listed Wizz Air and Easyjet surged nine and eight per cent on the news, after the blockage to the crucial shipping [...]

  • British Airways, Easyjet shares soar as Iran ceasefire brings relief for airlines

    April 8, 2026

    Airline stocks have soared following President Trump’s announcement of a ceasefire with Iran, offering cautious relief to fears flights could be grounded in weeks. Shares in British Airways owner IAG soared by more than 10 per cent on Tuesday’s market open, as the FTSE 100 firm was followed by WizzAir and Easyjet who also made [...]

  • Rolls-Royce shares rocket to recovery as FTSE 100 takes off

    April 1, 2026

    Shares in City heavyweight Rolls-Royce helped lead London’s blue-chip index higher this morning as markets were buoyed by hopes of peacetalks in the Middle East. Rolls-Royce stock soared as much as seven per cent on open to 1,215.00p. It followed comments from Donald Trump that the US would “leave” Iran in “two to three weeks”. [...]

  • IAG and Ryanair ‘best equipped’ to manage airlines’ fuel rationing

    March 25, 2026

    Ryanair and British Airways owner IAG are the two carriers best equipped to manage the crisis unfolding in the in the Middle East, according to a top investment bank which warned that potential supply rationing of jet fuel “could not be ruled out”. In a note published on Wednesday, Panmure Liberum said the pair of [...]

  • Wizz Air pounced on by short sellers as Iran war knocks profits

    March 11, 2026

    Budget airline Wizz Air has been hit by a flurry of short-selling after it issued a profit warning over disruption caused by the Iran war, making it the UK’s most shorted company.  The Hungarian airline, which is listed on the FTSE 250, had 9.59 per cent short interest last month but this has soared to [...]

  • Easyjet takes £15m hit from ‘unacceptable’ French air traffic control strikes

    July 17, 2025

    Easyjet has revealed a hit of around £15m from recent air traffic control disruption in France as it warned the “scale of industrial action” would impact annual profits. “We are extremely unhappy with the strike action by the French ATC in early July, which as well as presenting unacceptable challenges for customers and crew also [...]

  • Wizz Air to pull out of Abu Dhabi and cancels all flights

    July 14, 2025

    Wizz Air has revealed plans to pull out of Abu Dhabi and cancel all flights from the start of September. The London-listed carrier added it intends to exit its joint venture and will “focus on its core markets” in the future. Wizz Air said the move follows a “comprehensive reassessment of market dynamics, operational challenges, [...]

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