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Wizz back in profit despite groundings
Evening Standard
|May 23, 2024
LOW-COST airline Wizz Air returned to profit after three straight years of losses, results revealed today, as it carried a record 62 million passengers in the year to 31 March.
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The carrier, founded in Hungary, reported profits of €341.1 million (£291 million) in its 20th year of operation, after a €565 million loss last year. It comes as revenues grew by 30% to more than €5 billion thanks to a 20% surge in passenger numbers and a "favourable pricing environment", despite an €80 million revenue hit as
Dit verhaal komt uit de May 23, 2024-editie van Evening Standard.
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