Wizz Air Holdings Plc (WZZAF)
- PA Media: Money
Social media scammers impersonating ‘every major airline operating in the UK’
Consumer group Which? said fraudsters on X – formerly known as Twitter – are responding to messages sent to official accounts.
- Reuters
Analysis-Aircraft shortages turn into cash bonanza for some airlines
Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at much higher prices than they paid. Carriers such as Denver-based Frontier Airlines and Hungary's Wizz Air have reported gains up to hundreds of millions of dollars through selling planes after taking delivery and renting them back for their own use. The tight airliner market has made these deals far more attractive, with U.S. airlines this year accounting for 24% of global sale-and-leaseback transactions, up from 10% in 2022, according to Cirium Ascend Consultancy.
- Fortune
Wizz Air CEO defends his $127 million bonus cap, saying it will help everyone—including its employees
Various factors affect CEO remuneration—and Wizz Air's Jozsef Váradi says his payout plan benefits all the company's stakeholders.
