Wizzair-2
Join Date: Jun 2008
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That's because the O.P. HEARD the report on BBC Radio, like I did. The report mentioned the aircraft order, the new routes from LTN and I'm pretty sure they mentioned a new route from CVT to GDN?
Join Date: Dec 2009
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They are indirectly linked through David Bonderman (and his part in both Indigo and Ryanair), but that is getting weaker as time passes (and the shareholding decreases).
Whatever link there is never prevented a Wizz / Ryanair battle in the past, and probably won't in the future either.
Whatever link there is never prevented a Wizz / Ryanair battle in the past, and probably won't in the future either.
Join Date: Apr 2008
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Wizz finished the year with a fleet of 64 A320 (63 last year) and 24 A321 (11 last year).
In total 88 aircraft vs 74 last year. Next year they will have more than 100 aircraft in their fleet.
More than 28 million passenger (+20%) flew with W6 this year.
In total 88 aircraft vs 74 last year. Next year they will have more than 100 aircraft in their fleet.
More than 28 million passenger (+20%) flew with W6 this year.
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WizzAir shares being tipped in the 'Telegraph':
Bradley Gerrard: Wizz Air
Airlines made the headlines for all the wrong reasons in 2017 with several failures and Ryanair’s pilot rostering travails leading to a swathe of winter flight cancellations. But an airline could still help lift your portfolio. Wizz Air’s shares almost doubled in 2017 in spite of – and because of – the chaos around it, and there are signs upward momentum remains. The low-cost carrier rapidly expanded its presence at Luton airport to become the second biggest airline there, acquiring take-off and landing slots left vacant by the collapsed Monarch Airlines. It made the airport its first UK base and will move from just one plane there to seven by the summer.
Wizz is also more exposed to faster growing economies in Eastern and Central Europe, regions that don’t have a large contingent of legacy airlines to stifle its growth ambitions. Analysts at Royal Bank of Canada say valuation metrics suggest the shares are close to the level Ryanair traded at in 2004/2005 when the Irish carrier was a similar size and was “about to embark on four years of 20pc per year expansion”. Wizz’s management has also been proactive in regards to Brexit, applying for a UK operating licence that could provide some protection in the event of a disastrous EU divorce.
The company has also placed an order for 146 Airbus A320 Neos (taking it to a total of 282 outstanding orders) thanks to its €1bn free cash pile. Owning more planes should over time reduce lease costs. Wizz upped its full-year profit guidance in November and there is potential for the carrier to surprise on the upside again in future years.
Bradley Gerrard: Wizz Air
Airlines made the headlines for all the wrong reasons in 2017 with several failures and Ryanair’s pilot rostering travails leading to a swathe of winter flight cancellations. But an airline could still help lift your portfolio. Wizz Air’s shares almost doubled in 2017 in spite of – and because of – the chaos around it, and there are signs upward momentum remains. The low-cost carrier rapidly expanded its presence at Luton airport to become the second biggest airline there, acquiring take-off and landing slots left vacant by the collapsed Monarch Airlines. It made the airport its first UK base and will move from just one plane there to seven by the summer.
Wizz is also more exposed to faster growing economies in Eastern and Central Europe, regions that don’t have a large contingent of legacy airlines to stifle its growth ambitions. Analysts at Royal Bank of Canada say valuation metrics suggest the shares are close to the level Ryanair traded at in 2004/2005 when the Irish carrier was a similar size and was “about to embark on four years of 20pc per year expansion”. Wizz’s management has also been proactive in regards to Brexit, applying for a UK operating licence that could provide some protection in the event of a disastrous EU divorce.
The company has also placed an order for 146 Airbus A320 Neos (taking it to a total of 282 outstanding orders) thanks to its €1bn free cash pile. Owning more planes should over time reduce lease costs. Wizz upped its full-year profit guidance in November and there is potential for the carrier to surprise on the upside again in future years.
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Happened before for some other under-performing routes, at 3 per week they were hardly strategic. https://www.routesonline.com/news/38...from-jan-2018/
Can't see anything replacing them either.
Can't see anything replacing them either.
Join Date: Jan 2008
Location: Switzerland ... oh wait: Swaziland
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VIE base with 17 routes
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Closure of one base whilst VIE opens https://www.ch-aviation.com/portal/n...e-in-late-2q18
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Winter update http://www.travelweekly.co.uk/articl...s-up-24-to-71m
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Join Date: Apr 2008
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Kosice base will be closed in May and flights to Cologne, Tel Aviv and Doncaster will be ceased. Just LTN route to reamain.
https://spectator.sme.sk/c/20756556/...in-kosice.html
https://spectator.sme.sk/c/20756556/...in-kosice.html