Company says award plan ‘underwater’ after it was hit by a string of crises
Airline to begin no-frills service from Europe to Jeddah and Abu Dhabi next year
Budget airline cuts forecast as it hires spare planes to fill holes in flight schedules
Wars, soaring oil prices and engine troubles have thrown European airline off course
Ryanair, easyJet and Wizz Air point to signs of strong demand despite economic gloom and high ticket prices
Airline’s treatment of disrupted passengers in 2022 led to a high number complaints and concerns at the Civil Aviation Authority
Airline’s shares hit record high, inching closer to target price of €21 for share option reward
Not an understatement
Low-cost airline faces ‘unprecedented operational challenge’ from engine problems affecting almost a quarter of fleet
József Váradi tells FT ‘common sense prevailed’ after significant number of investors rebel at shareholders’ meeting
Almost 30% of carrier’s free float was cast against the move to give József Váradi until 2028 to unlock £100mn reward
Proxy advisers ISS and Pirc oppose AGM resolution to grant József Váradi two more years to win one-off award
UK regulator orders low-cost airline to review compensation claims after it failed to pay customers what they were owed
European low-cost carrier buoyed by travel rebound after decision not to hedge fuel costs contributed to loss
Low-cost airline’s chief says demand for travel remains strong despite economic slowdown
Companies analysis from our sister publication
Hungarian low-cost carrier suffered months of disruption caused by staff shortages and airport security delays
European short-haul airline sets sights on destinations to Israel and Saudi Arabia in drive for growth
Analysts warn move could cause reputational damage to Hungary-based carrier in wake of invasion of Ukraine
Oil and gas group’s share price has fallen 29 per cent since May
UK airport says it will tell carriers to take action if needed as Wizz Air becomes latest airline to trim schedule
Chief executive says budget airline needs to ‘take down fatigue rate’ that has led to flight cancellations
Low-cost carrier hit by staff shortages in air traffic control and ground handling
Move by Hungarian airline is part of ambitious expansion strategy
Carrier expects strong rebound in Europe’s peak summer season despite war in Ukraine
