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5-day change | 1st Jan Change | ||
| 2,216 GBX | +3.55% |
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-1.07% | +0.23% |
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(Reuters) - European budget airline Wizz Air said on Thursday it was reinstating a fuel hedging policy and adding additional jet fuel price caps in place for the second half of fiscal 2023, as it battles soaring fuel prices.
The London-listed airline's return to fuel hedging comes as the Russia-Ukraine crisis has sent fuel prices higher amid a gradual return to travel. Severe losses during the COVID-19 pandemic prompted Wizz to pause its programme.
The reinstated policy will be executed over next few weeks, the company added.
(Reporting by Amna Karimi in Bengaluru; Editing by Shailesh Kuber)
Price
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Change
|
5d. change
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Capi.
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|---|---|---|---|---|---|
| 8,434 PTS | +0.63% | +2.68% | - | ||
| 92.15 RUB | -0.56% | +0.76% | - | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +0.23% | 2.87B | |
| +30.75% | 33.94B | |
| -0.60% | 23.28B | |
| +2.90% | 20.62B | |
| +35.46% | 18.57B | |
| +27.78% | 17.33B | |
| -17.81% | 14.38B | |
| +39.11% | 13.63B | |
| -7.55% | 12.38B | |
| +16.90% | 11.15B |
WIZZ AIR HOLDINGS PLC 
