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Wizz Air

WestJet seat U-turn exposes risks for airlines squeezing economy passengers

Published 23 Jan, 2026 05:48am

MONTREAL: Canada’s WestJet abruptly walked back a rollout of tighter economy seating last week after viral videos...

Global airlines race to fix Airbus jets; US reports little disruption

Published 30 Nov, 2025 11:00am

Airlines worked through the night after global regulators told them to remedy the problem before resuming flights

Wizz Air to exit Abu Dhabi operations

Published 14 Jul, 2025 01:42pm

Low-cost carrier Wizz Air said on Monday it would exit its Abu Dhabi operations and suspend all locally based...

Wizz Air cuts annual profit forecast on rising costs

Published 30 Jan, 2025 12:20pm

European low-cost airline Wizz Air cut its annual net income forecast for the second time in six months on Thursday,...

Wizz Air expects 40 planes to be grounded in 2026

Published 31 Dec, 2024 12:57pm

Wizz Air expects 40 of its planes to stay grounded through fiscal 2026, the low-cost Hungarian airline said on...

Wizz Air cuts annual forecast after first-quarter profit slumps 44%

Published 01 Aug, 2024 01:12pm

Wizz Air lowered its annual profit forecast on Thursday after reporting a 44% drop in first-quarter operating...

Global airlines bet on India travel boom

Published 14 Jun, 2024 02:51pm

DUBAI/NEW DELHI: Global airlines are launching new flights and expanding schedules in India, betting the South Asian...

UK regulator says Wizz Air has sufficiently improved refund processes

Published 17 Jan, 2024 12:30pm

LONDON: Hungarian budget carrier Wizz Air has met its commitments to Britain’s aviation regulator to improve its...

Air New Zealand sees ‘significant’ hit to flight schedule from RTX engine issue

Published 12 Sep, 2023 11:13am

Air New Zealand on Tuesday warned that inspections of RTX’s Pratt & Whitney engines would have a “significant”...

Ryanair, Wizz Air and easyJet face Italy inquiry over Sicily flight prices

Published 02 Jan, 2023 05:54am

ROME: Italy’s antitrust regulator has opened an inquiry into possible price-fixing for flights in and out of ...

Ryanair, Wizz Air and easyJet face Italy inquiry over Sicily flight prices

Published 28 Dec, 2022 02:29pm

ROME: Italy’s antitrust regulator said on Tuesday it opened an inquiry into possible price-fixing for flights in and...

Europe’s Wizz Air considering a Saudi operating license

Published 25 Aug, 2022 05:26pm

RIYADH: European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement...

Wizz Air to resume flights from UAE to Russia in October

Published 08 Aug, 2022 05:24pm

DUBAI: European budget airline Wizz Air will resume flights from Abu Dhabi to Moscow from October, it said on...

British midcaps fall amid inflation concerns

Published 01 Jun, 2022 05:53am

LONDON: London’s FTSE 250 index fell on Tuesday and marked a second straight month of losses on concerns a...

Tech stock rally leads European shares higher

Published 05 Apr, 2022 05:38am

LONDON: European shares gained on Monday with tech stocks rallying more than 2%, while investors kept an eye out for...

Wizz Air says Omicron uncertainty to hit demand in Q4

Published 26 Jan, 2022 12:48pm

LONDON: Hungary-based carrier Wizz Air posted a third-quarter operating loss of 213.6 million euros and said the...

Marooned: Risk of catching Omicron abroad delays airline recovery

Published 15 Jan, 2022 05:50am

Before the Omicron variant of coronavirus burst onto the scene in November, retired Australian Glenn Turnley was...

Europe’s Covid-19 setbacks risk another summer travel washout

Published 06 Jul, 2021 03:48am

Europe’s airlines and travel sector are bracing for a second lost summer, with rebound hopes increasingly...

European stocks at record highs, weak U.S. payrolls hit tapering bets

Published 04 Jun, 2021 11:37pm

The pan-European STOXX 600 index rose 0.4pc to a new closing high of 452.57, having earlier hit an all-time high of 452.71. It added 0.8pc for the week.

Banks drag FTSE 100 down; airline shares lower on travel restrictions

Published 04 Jun, 2021 10:51pm

British airways owner IAG lost 0.9pc after Britain removed Portugal from its quarantine-free travel list and added seven more countries to its red list.

Budget airline Wizz Air quits Norway's domestic market

Updated 29 May, 2021 06:47pm

The news comes just days after Norway's Norwegian Air was rescued from bankruptcy following a six-month court-led restructuring.
Shortly after launching its domestic operation in Norway last October, Wizz had said it planned to expand the service.

FTSE 100 edges lower

Published 11 May, 2021 04:39am

LONDON: London’s FTSE 100 dipped on Monday as weakness in industrial stocks and a stronger pound following the...

Wizz Air sees summer capacity at between 60pc-80pc

Published 23 Apr, 2021 04:31pm

"I'm pretty sure summer is going to be better than where we are today," Varadi told a virtual aviation conference on Friday.
"My view is not demand-driven from the consumer or not supply-driven from the airline, it is the unpredictability of the government actions, and government imposed restrictions."

Wizz Air flies just below 20pc of capacity in March

Published 06 Apr, 2021 12:26pm

Passenger numbers were down 73% in March compared to the same month last year, the time when travel started to be impacted by the pandemic.

Wizz Air's Abu Dhabi venture expects to add Gulf routes soon

Published 14 Jan, 2021 05:05pm

Wizz Air Abu Dhabi', a joint venture between Wizz Air and Abu Dhabi state holding company ADQ, starts operations on Friday with an inaugural flight to Athens.
It has announced 12 other routes, mostly in Central and Eastern Europe but also to Israel's Tel Aviv and Egypt's Alexandria.

Ryanair cancels 12 UK routes over CAA 'policy shift'

Published 22 Dec, 2020 01:42am

Ryanair did not say in its statement what policy changes the CAA had made.

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Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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