Wizz Air: passenger numbers plunge 69% in October

Wizz Air (LON: WIZZ) reported a 69% fall in passengers over October compared to the year previously.

The low-budget carrier reported a dramatic fall in passenger numbers, which is expected to fall further as the UK prepares for a second lockdown.

Wizz Air flew 1.15 million passengers in October this year, compared to the 3.7 million in October 2019.

On Tuesday morning, the airline reported three new bases in Italy and Norway.

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.”

Airlines have been among the hardest hit amid the pandemic. Yesterday, Ryanair reported a €200m loss and EasyJet warned it is on track to its first-ever full-year loss.

Ryanair’s chief executive Michael O’Leary told the BBC: “We’ve already stripped out the schedule for most of November and the December, we have really just a skeleton schedule for the services between UK airports and continental European destinations.”

Wizz Air shares (LON: WIZZ) have climbed 3.7% this morning.