Wizz Air: Winds of change as non-executive director made deputy chair August 25, 2022 Winds of change are blowing in Wizz Air’s boardroom as the low-cost company appointed non-executive director Stephen Johnson to the role of deputy chair. The airliner also announced the creation of a safety, security and operational compliance committee to oversee policies and practices as the carrier plots its expansion. Johnson, who took on the role [...]
Changes sweep the boardrooms and C-suites of biggest businesses in the UK August 24, 2022 The boardrooms and C-suites of some of largest companies in the UK have undergone sweeping overhauls this week alone. The winds of change have blown as the country heads into autumn and buckles down for a worsening economic crisis, some two years on from the start of the pandemic. While Covid-19 measures in the country [...]
Wizz Air CFO steps down as airliner pursues post-lockdown expansion August 22, 2022 Wizz Air’s chief financial officer has stepped down, as the European airline pursues a pandemic turnaround following a recent loss of €285m. Jourik Hooghe has decided to exit the role to seek “opportunities outside of the company” according to a statement today. However, he will be available during until the end of December during the [...]
Wizz Air carries 4.7m passengers amid turbulent period August 2, 2022 Wizz Air’s passenger levels have increased despite the last few months of travel disruption. The low-cost carrier carried 4.7 million travellers in July, up from the 4.3 million reported a month earlier. Load factor – the measure of how well an airline fills its seats – grew by 3.6 per cent on June’s levels to [...]
Wizz Air cancels 10 per cent of flights as airline battles ongoing travel chaos July 27, 2022 Wizz Air has announced it will cut additional flights from its summer schedule in a bid to combat the ongoing travel chaos. Chief executive Jozsef Varadi said that cancellations will amount to 10 per cent of summer flights, up from the 5 per cent announced on 11 July. “We’ve been going through some real pain [...]
Wizz Air to cut additional flights as it posts €285m operating loss July 11, 2022 Wizz Air has announced it will cut an additional 5 per cent of services to guarantee smoother operations amid the ongoing travel chaos, which has affected the aviation industry in the UK and in Europe. The Hungarian airline, listed in London, said it had improved the “agility and resilience” of its network, adjusting its schedule [...]
Wizz Air’s boss under fire following comments on staff reporting fatigue June 9, 2022 Wizz Air’s boss Jozsef Varadi has come under fire after he made comments against pilots reporting symptoms of fatigue. In an internal video leaked yesterday, the chief executive was heard telling staff to “go the extra mile.” “We cannot run this business when every fifth person of a base reports sickness because that person is [...]
Wizz Air posts wider losses as it battles fuel prices and disruption June 8, 2022 Wizz Air Group's recovery journey has finally left the runway, with rising passenger numbers driving optimism at the company.
Wizz Air enjoys pandemic rebound as summer travel begins June 6, 2022 The revival of international travel following sustained pandemic disruption continues, with Wizz Air reporting a big boost in numbers.
Wizz Air eyes Saudi Arabia expansion to jump on growing tourism sector May 10, 2022 Wizz Air has announced it was looking into expanding its operations in Saudi Arabia. The low-cost carrier said today it has signed a Memorandum of Understanding with the Saudi ministry of investment to support the development of the country’s tourism sector. Commenting on the announcement, travel expert Rob Staines said: “This is exciting news. Much [...]