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(Sharecast News) - Budget carrier Wizz Air said on Tuesday that passenger numbers were up a 21.9% year-on-year in April, with the Hungarian airline carrying 6.63m people last month.
Wizz Air said capacity had risen 23.1% to 7.46m seats, while April's load factor came to 88.9% - down 0.9 percentage points year-on-year.
The FTSE 250-listed firm announced that plans to add a third A321neo to its new base in Palermo, enabling the launch of two additional domestic routes and supporting new international services to Barcelona, Dortmund, Marrakech and Prague. Additionally, Wizz Air confirmed that Turin will become its seventh Italian base, with two A321neos to be stationed there from October 2026.
Chief executive Jozsef Varadi also addressed what he described as inaccurate media commentary, stressing that Wizz Air remained financially robust as je said the airline continued to hold strong liquidity and was well hedged, with around 70% of its summer jet fuel requirements secured at roughly $720 per metric tonne.
As of 0815 BST, Wizz Air shares were down 0.66% at 900.51p.
Reporting by Iain Gilbert at Sharecast.com
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