Budget airline Wizz Air saw their “revenue more” more than double as passenger numbers grew.
Ryanair also saw passenger number grow as they carried 17 million passengers in May which was an increase of 10% compared to 15.4 million in the same period in 2022 plus had a load factor of 94%.
Wizz Air carried 22.1% in the same period and just over five million passengers booked flights and the airline had a load factor of 90.2%.
Aarin Chiekrie, an equity analyst at Hargreaves Lansdown, said, “Wizz Air delivered some promising results last time out.
“Ticket pricing and demand remained strong across Wizz Air’s routes and, crucially, the group had the capacity to greet it.
“Investors saw passenger numbers jump nearly 60% to 12.4 million in the third quarter, which led to revenue more than doubling to around 912 million euros (£783 million).”
