Wizz Air ‘resilient’ after route cancellations wipe out profit Transport & Infrastructure Wizz Air has insisted its decision to halt operations in Vienna and Abu Dhabi positioned the airline for “long term resilience,” despite causing net profit to drop by nearly 99 per cent. The FTSE 250-listed airline said its slump in net profit from €214m to €1m was due to the “one-off headwinds” of these route [...]
‘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 [...]
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 [...]
Jet fuel shortage looms as government scrambles to secure supplies April 29, 2026 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 [...]
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 [...]