 revealed a strong growth in passenger statistics for May, sending shares up during Tuesday morning trading. ){kind=link}
Wizz Air revealed a strong growth in passenger statistics for May, sending shares up during Tuesday morning trading.
The low-cost airline said that it had benefited from the introduction of 9 new routes to Poland and Ukraine.
Wizz Air also opened a new base in Krakow, Poland alongside the deployment three based A320 family aircraft.
Overall, passenger numbers were up 22.4% to 3,470,889 from 2,836,380 from May 2018.
Load factor was up 1.5 percentage points to 93.9% from 91.9% the year before.
Back in April, the airline said that it expected its full-year profits to be towards the upper end of its guidance.
This was in spite of difficult conditions for the aviation industry, with many airlines forced into administration in recent years, such as Monarch and Primeria Air.
Just last month, rival air carrier Easyjet (LON:EZJ) warned of its outlook for the year, citing Brexit uncertainty and European economic weakness as key concerns.
Wizz Air is a Hungarian-based airline, serving 44 countries. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Shares in Wizz Air (LON:WIZZ) are currently +1.99% as of 10:57AM (GMT).