Wizz Air Holdings Stock News

Wizz Air proposes buyout to some UK pilots, Bloomberg News reports

European airlines remain a consensus short among investors, although positioning has improved slightly over the past week as interest in industry consolidation grows, Citi's Conor Dwyer has noted. International Airlines Group (IAG), the airline group behind British Airways and Iberia, remains the sector's only consensus long, but investor positioning towards the company has become more bearish ...

Budget carrier Wizz Air is in talks with airports across Europe to take over slots from airlines that ​could go bust, an executive said on Tuesday, after ‌Ryanair CEO Michael O'Leary said the Irish low-cost airline was taking a similar step in late September.

Panmure Liberum has maintained its 'sell' rating on Wizz Air Holdings PLC (AIM:WIZZ), the budget airline, while raising its target price to 700p from 600p. The broker said Wizz Air's capital markets day set relatively stretching financial targets, although they remained well below pre-pandemic levels, with a goal of a 10% operating margin for the financial year to March 2030.

Wizz Air sees few if any opportunities from airBaltic's bankruptcy and expects a wider shakeout of other European airlines ​that were unable to hedge against high fuel prices, the budget carrier's ‌CEO Jozsef Varadi told Reuters on Monday.

European budget carriers Wizz Air and Ryanair called on Tuesday for an overhaul of Britain's air traffic ​control provider NATS following a new technical issue that disrupted ‌hundreds of flights at key airports in the country.

International Consolidated Airlines Group SA (LSE:IAG) and Wizz Air Holdings PLC (AIM:WIZZ) are at the sharp end of a deeply divided market, according to new positioning data published by Citi. Shares in the British Airways parent climbed 1.47% to 448.4p on Wednesday, while the budget airline gained 1.84% to 1,105p, despite the broker highlighting increasingly debated investor sentiment across ...

Investors have grown more positive on European airlines over the past week, according to Citi, though overall positioning across the sector remains net negative. Long crowding, a measure of how heavily investors are clustered on the same bullish trade, increased across every stock the bank covers.