Hungarian airline Wizz Air reports €365.9M annual net profit after three years of losses, due to sustained travel demand.
Hungarian low-cost airline Wizz Air reports annual net profit of €365.9M after three years of losses, due to sustained travel demand despite challenges. Net income for the current year is expected between €500-600M with revenue on each available seat km increasing in high-single digits. CEO Jozsef Varadi cites robust demand and industry capacity constraints supporting a higher yield environment.
May 23, 2024
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