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wizz air holdings plc (WIZZ) Details

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and the Middle East. It operates a fleet of 113 Airbus A320 and Airbus A321 aircraft that offer services for approximately 650 routes from 25 bases connecting 146 destinations across 44 countries. The company provide its services under the Wizz Air brand. Wizz Air Holdings Plc was founded in 2003 and is based in Geneva, Switzerland.

4,500 Employees
Last Reported Date: 05/31/19
Founded in 2003

wizz air holdings plc (WIZZ) Top Compensated Officers

CEO & Executive Director
Total Annual Compensation: €986.7K
Compensation as of Fiscal Year 2019.
wizz air holdings plc
Wizz Air to Launch Eilat - Vilnius Flights

Wizz Air will qualify for an enlarged Israeli government subsidy of €66 per passenger flown into Israel from €60. After several week delay, Hungarian low-cost carrier Wizz Air has published its winter schedule from Eilat's Ramon airport. Wizz Air has added a new route to the Lithuanian capital Vilnius. The grant will be in many instances higher than the cost of the fare to the passenger and Wizz Air receives the subsidy even if the passenger is an Israeli rather than a foreign tourist, or a visitor who travels straight over the border to Jordan or Egypt. As a result of the subsidy there are 55 different air routes operating to Ramon Airport near Eilat. Wizz Air operates flights from Eilat to Vienna, Sofia, Budapest, Riga, Bucharest and Warsaw.

Wizz Air Holdings plc Announces Passenger Statistics for the Month and Twelve Months Ended April 2019

Wizz Air Holdings Plc announced passenger statistics for the month and twelve months ended April 2019. For the month, capacity (seats) was 3,577,062 against 3,042,986 a year ago. Passengers was 3,288,731 against 2,764,579 a year ago. Load factor was 91.9% against 90.9% a year ago. Available seat kilometers were 5,824,582,000 against 4,827,898,000 a year ago. Revenue passenger kilometers were 5,381,352,000 against 4,396,224,000 a year ago. For the twelve months ended April 2019, capacity (seats) was 37,800,952 against 32,908,210 a year ago. Passengers was 35,090,840 against 30,078,166 a year ago. Load factor was 92.8% against 91.4% a year ago. Available seat kilometers were 61,280,645,000 against 52,273,659,000 a year ago. Revenue passenger kilometers were 56,979,081,000 against 47,908,664,000 a year ago.

Wizz Air Holdings plc Announces Changes to Its Board

Wizz Air Holdings Plc announced the appointment of Andrew S. Broderick to the Board of the Company as non-independent non-executive director with effect from 16 April 2019. At the same time, on April 17, 2019, Mr. John R. Wilson has informed the company of his decision to resign as a director of the company with immediate effect.

 

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Valuation WIZZ Industry Range
Price/Earnings 17.5x
Price/Sales -- Not Meaningful
Price/Book 1.9x
Price/Cash Flow 7.7x
TEV/Sales 1.3x
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