Wizz Air Holdings (WIZZ.L, WIZZ LN)

  • 2410.4
  • 103.4
  • 74.4
  • WIZZ AIR HOLDINGS

    Closing Price (p): 2332.0

  • RATING 17/01/24

  • PREVIOUS RATING 12/01/23

    OUTPERFORM

Company Profile

Wizz Air is a low-cost carrier based in Central and Eastern Europe, a market that continues to see strong growth in demand and the potential for higher levels of low-cost penetration. Its network is focussed on connecting the region with Western Europe. Wizz Air operated a fleet of 74 aircraft at end-December 2016 (a mix of current-generation Airbus A320s and A321s) with an average age of just four years. Its cost base is among the lowest in Europe, and there is scope for further improvement as it grows and up-gauges its aircraft.


Major Shareholders%
Indigo Partners LLC23.9
Capital Research & Mgt (World)10.7
FIL Investments International4.7
Baillie Gifford & Co.4.5
Orbis Investment Management Ltd.3.7