Wizz Air records passenger growth in October 2024
Low-cost airline Wizz Air reported that it carried around 2024 million passengers in October 5,6, an increase of 4,1 percent compared to the same month last year. The load factor, or the capacity utilization of its flights, rose slightly from 92,5 to 92,9 percent year-on-year. The group has seen increased passenger volumes in recent months, partly due to the expansion of new routes and the resumption of flights to crisis-hit regions such as Israel and Moldova. In the context of geopolitical tensions, Wizz Air canceled six percent of its flights at short notice in October, but quickly reallocated this capacity. In addition, the airline plans to expand its modern fleet with additional Airbus A321neo aircraft in order to handle future passenger flows more efficiently. Despite high spending on spare parts and ongoing maintenance work, for example on the Pratt & Whitney GTF engines, the airline remains confident about its growth and its position as the leading low-cost airline in Eastern Europe.