Jun 08, 2023 / 08:00AM GMT
József Váradi - Wizz Air Holdings Plc - CEO & Executive Director
Well, maybe I will just start -- take it from the -- and hopefully, the slide is going to move at some point. So with regard to the performance of fiscal '23, capacity grew by 76% year-on-year, and this is 40% up versus prepandemic levels. You recall, we made a number of investment decisions into growth, London Gatwick [spot] acquisitions, the opening of Wizz Air Abu Dhabi and the expansion in Italy are probably the most important investments we have made, and obviously, you see that through the capacity numbers.
Passenger traffic reached over 51 million passengers. Just to put that in perspective, this is now a bigger number than Lufthansa's passenger number, so we carried more passenger -- passengers than Lufthansa. Of course, we carried more than British Airways and Air France. So that kind of puts us into a different spotlight when it comes to the European airline industry.
Revenue was up 134% year-on-year and 41% versus fiscal '20. Ancillary revenue remained a cornerstone of the revenue
Full Year 2023 Wizz Air Holdings PLC Earnings Call Transcript
Jun 08, 2023
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers