Wizz Air Holdings Plc (WZZZY)
- Reuters
Low-cost carrier Wizz Air explores opportunities in Saudi Arabia
Hungarian low-cost airline Wizz Air said on Tuesday it had agreed to work with Saudi Arabia to explore opportunities to develop the air market in the kingdom, which wants to triple passenger traffic by 2030. Wizz Air said it had signed a Memorandum of Understanding with Saudi Arabia's Ministry of Investment to work together on potential investment and operating models to boost the country's tourism industry and significantly increase its connectivity.
- Reuters
UPDATE 2-Airline body IATA now sees industry recovery in 2023
The head of the world's biggest airline trade body said on Monday the recovery in passenger traffic was accelerating and that on average, the industry could now return to pre-pandemic figures in 2023, a year earlier than its previous forecast. International Air Transport Association (IATA) Director General Willie Walsh told Reuters that overall passenger traffic was picking up faster than expected despite the war in Ukraine and continued restrictions in major aviation market China. Walsh said high oil prices and travel disruptions caused by labour shortages had so far not deterred travellers, even though oil prices had probably caused a 10% rise in fares.
- Simply Wall St.
What Type Of Shareholders Own The Most Number of Wizz Air Holdings Plc (LON:WIZZ) Shares?
A look at the shareholders of Wizz Air Holdings Plc ( LON:WIZZ ) can tell us which group is most powerful. Institutions...
