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Investegate |Wizz Air Holdings Announcements | Wizz Air Holdings: Director/PDMR Shareholding

Investegate |Wizz Air Holdings Announcements | Wizz Air Holdings: Director/PDMR Shareholding
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Pfizer Link to Heart Issue; Vaccine Perks in Asia: Virus Update

Israel has found a probable link between the Pfizer Inc.-BioNTech SE vaccine and cases of heart inflammation in young men. ....

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Lufthansa's Leisure Thrust Sends Rival Condor to the Brink

Lufthansa’s Tourism Push Puts Government on Spot After Bailout
Bloomberg
2/4/2021
Richard Weiss and Birgit Jennen
(Bloomberg) Deutsche Lufthansa AG’s bid to tap a revival in tourism once coronavirus lockdowns ease has put the German giant on a collision course with its former leisure arm, Condor.
Lufthansa is using surplus long-haul jets to target sunspots such as Mauritius, the Dominican Republic and Namibia that are expected to recover before the airline’s bedrock corporate markets. As a result, it has ended a half century-old deal to feed passengers toward Condor, starving the smaller carrier of business on flights to many of the same destinations. ....

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Wizz Air Hits Wall in Bid for Gatwick Growth

Wizz Air Hits Wall in Bid for Gatwick Growth
Bloomberg
2/3/2021
Christopher Jasper and Siddharth Philip
(Bloomberg) Wizz Air Holdings Plc has a chance to become a force across Europe, using its low-cost structure and financial clout to capture a bigger share of the market when the coronavirus finally lets up.
The Hungarian discount carrier has snapped up airport capacity in Italy, Germany, Norway and the U.K. during the pandemic, but the westward push has been slowed by measures meant to stabilize an industry hard hit by the outbreak.
Authorities in the U.K. and the European Union have extended a waiver of rules that force airlines to relinquish unused takeoff and landing slots shielding them from rivals targeting expansion at hubs like London Gatwick. Wizz Chief Executive Officer Jozsef Varadi argues that the measures are protectionist, and that airports starved for fees would welcome fresh tenants. ....

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