Wizz Air and Ryanair passenger numbers soar as airways recuperate from pandemic affect

Jun 02, 2023 at 2:33 PM
Wizz Air and Ryanair passenger numbers soar as airways recuperate from pandemic affect

Wizz Air and Ryanair have reported additional rises in passenger numbers as they proceed to recuperate from the affect of the worldwide pandemic.

Ryanair mentioned it carried 17 million passengers in May, its highest ever quantity for a single month. Its earlier document was 16.9 million flyers in August 2022.

The determine for May is a rise of simply over 10% from the 15.4 million who travelled with it throughout the identical interval final 12 months.

It comes after the Irish funds airline reported near-record profits of €1.4bn (£1.2bn) for the 12 months to 31 March and set a goal to extend passenger numbers by 10% to a complete of 185 million this monetary 12 months.

Meanwhile, Hungarian provider Wizz Air mentioned simply over 5 million folks flew on its planes final month, a 22.1% rise in contrast with May 2022.

The set of figures, each launched on Friday, present additional proof to recommend that the airline business is bouncing again from the hit it took from COVID-19 lockdowns and journey restrictions.

Heathrow Airport lately revealed it had seen a 74% rise in passenger numbers during the first three months of the year, in comparison with January to March in 2022.

However it nonetheless reported adjusted losses of £139m through the interval and warned shareholders had been unlikely to obtain any dividends in 2023.

The enhance for Wizz Air comes regardless of information earlier this 12 months, which confirmed it was the worst major airline for flight delays from the UK in 2022.

Last month, the low value provider introduced additional enlargement, together with including an eleventh aircraft to its Warsaw base and branching out into Albania.

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Wizz Air is because of launch its full-year outcomes subsequent Thursday.

Aarin Chiekrie, an fairness analyst at Hargreaves Lansdown, mentioned: “Wizz Air delivered some promising results last time out.

“Ticket pricing and demand remained sturdy throughout Wizz Air’s routes and, crucially, the group had the capability to greet it.”

24 August 2020, Brandenburg, Sch'nefeld: A passenger plane of the Hungarian low-cost airline Wizz Air Hungary Ltd. lands at Berlin-Sch'nefeld Airport. Photo by: Patrick Pleul/picture-alliance/dpa/AP Images
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Pic: AP

Ryanair mentioned it operated greater than 94,400 flights in May.

The firm added that over 300 flights had been cancelled on account of air visitors management strikes in Europe, affecting round 54,000 passengers.

Ryanair reported a load issue – the proportion of accessible seats stuffed – of 94% in May, up from 92% a 12 months earlier.

Wizz Air mentioned it had a load issue of 90.2% final month.