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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Wizz Air sees 'very encouraging' passenger growth during May

(Sharecast News) - Low-cost carrier Wizz Air said on Tuesday that it had seen a "very encouraging" increase in passenger numbers during May, particularly given the timing of Easter the month before. Wizz Air said it had carried 5.7m passengers in May, a 10.3% increase year-on-year, while seat capacity grew 10%, resulting in a load factor of 91.2%, up 0.2 percentage points on last year's load factor of 91.0%.

The London-listed group also highlighted that it continues to be one of the lowest-emission airlines, reporting a further decline in CO2 emissions per RPK in May, down 3.4% year-on-year at 51.1 grams. This also marked a month-on-month improvement of 40 basis points.

Wizz Air will release its FY25 report on Thursday, 5 June.

As of 0805 BST, Wizz Air shares were up 1.38% at 1,617.0p.

Reporting by Iain Gilbert at Sharecast.com

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