Wizz Air: Shares tank as profit tumbles June 5, 2025 Wizz Air reported a hefty drop in annual profit as it grapples with long-running supply chain issues and conflict in Ukraine and the Middle East. Shares tanked 22.7 per cent as markets opened on Thursday. Annual operating profit fell 51.7 per cent year-on-year to €167.5m (£141m), below analyst expectations, even as passenger traffic hit a [...]
Ryanair boss Michael O’Leary qualifies for monster €100m bonus May 29, 2025 Ryanair chief executive Michael O’Leary is set for a monster €100m (£84.2m) bonus after the Irish airline’s shares hit a key performance target. Shares in Ryanair closed at €23.74 on Thursday, marking the 28th consecutive day the stock has closed above €21 – the target O’Leary was set as part of a 2019 incentive scheme. [...]
Easyjet is ‘significantly undervalued,’ says Peel Hunt May 29, 2025 Easyjet shares edged up on Thursday alongside a bullish earnings outlook from Peel Hunt for the year ahead. “We believe Easyjet is significantly undervalued,” analysts at Peel Hunt said in a note, with shares rising around 2.8 per cent by mid-morning. Sustained travel demand has underpinned the budget airline’s growth and is yet to tail [...]
Wizz Air: Why airline faces lengthy spell of turbulence February 4, 2025 Wizz Air is facing some turbulence. Despite enjoying its busiest ever year of passenger traffic in 2024, the Hungarian budget carrier can’t seem to turnaround an ailing share price. The stock is down more than 40 per cent over the last 12 months and fell a further three per cent on Monday after analysts at [...]
Wizz Air shares tank after profit warning January 30, 2025 Wizz Air slashed its annual profit forecast on Thursday despite quarterly losses more than halving amid record passenger traffic. Shares tanked on the announcement, falling nearly 12 per cent in early trading. The Hungarian carrier reported a €75.9m (£63.6m) loss in the three months ended December 31, around 58 per cent smaller than the year [...]
Wizz Air boss likely to miss out on £100m bonus as shares struggle January 27, 2025 The recent performance of Wizz Air’s share price suggests the company’s boss is set to miss out on a £100m bonus payout. The controversial bonus for CEO Jozsef Varadi was approved by shareholders in 2021. Under the terms of the agreement – the biggest bonus award in the history of the London Stock Exchange – [...]
Easyjet reaffirms guidance as losses narrow significantly January 22, 2025 Easyjet has reaffirmed full-year profit guidance after quarterly losses more than halved and booking momentum continued to build ahead of the busier easter and summer months. The budget airline expects to report a headline pre-tax profit of £709m in 2025, up from a prior year haul of £610m and in line with consensus. It said [...]
Buy IAG and sell Wizz Air says broker as British Airways takes off January 6, 2025 Analysts have backed British Airways owner International Consolidated Airlines Group (IAG) while warning investors away from budget airline Wizz Air in 2025. Panmure Liberum analysts picked IAG shares as their ‘most preferred’ stock within transport, with a target price of 500p compared to its current 287p share price. IAG was the best performing FTSE 100 [...]
Wizz Air passengers surge despite engine dispute January 3, 2025 Wizz Air passengers jumped above five million in December 2024, a two per cent increase from last year, even as the company was forced to ground dozens of its planes due to engine issues. The FTSE 250 carrier reported 5.06m customers throughout last month, despite a 3.1 per cent drop in seats from last December [...]
Former Wizz Air exec fined for breaching share trading laws November 27, 2024 A former Wizz Air executive has been fined £125,000 by the Financial Conduct Authority (FCA) for trading company shares when City rules barred him from doing so. András Sebők, the budget carrier’s former chief supply officer, fell foul of FCA regulations by illicitly trading London-listed Wizz Air shares during the month-long period leading up to [...]