Wizz Air WIZZ.L said passenger numbers were 69 per cent lower this October compared to last October, as the pandemic continues to crush demand for flying.
Wizz said in a statement on Tuesday that its aircraft flew with a load factor of 66 per cent, a measure of how full they are. Last October they flew with a load factor of 95 per cent.
A load factor of 80 per cent is required for an airline to break even on a flight, according to the Internatonal Air Transport Association (IATA). IATA noted that bookings are weak in the last quarter of this year, and that only 50 per cent of consumers surveyed by the organisation are considering booking a flight.
The low cost airline is one of the few in Europe to have continued to add new routes during the crisis. It will report its half-year results on Thursday.
Wizz Air also announced on Tuesday the launch of two new routes from London Luton to Gibraltar and Madeira, with flights commencing on 11 December 2020. Wizz Air UK, the group’s British airline, will offer these flights twice a week.
Owain Jones, Managing Director, Wizz Air UK: ‘Wizz Air UK continues to lead the way in getting the UK flying again, safely We are delighted to be announcing yet more new routes for our UK customers, who we know want to travel, especially with the winter months looming. That’s why we are wasting no time by introducing exciting holiday destinations to our UK network, with genuinely affordable fares.
Wizz Air recently announced the expansion of its Romanian operations, adding one new Airbus A320 aircraft to the Cluj-Napoca base. This will enable the start of 3 new routes from Cluj-Napoca to Karlsruhe/Baden-Baden,Hamburg and Cologne in Germany and increase of frequencies on 9 existing routes from Cluj-Napoca to Eindhoven, Barcelona El Prat, Brussels Charleroi, Larnaca, London Luton, Madrid, Milan Bergamo, Paris Beauvais, Rome Ciampino.