European low-cost airline Wizz Air has today upgraded its annual profit forecast, after a strong third quarter performance when it carried more passengers. 

Wizz, which focuses on central and Eastern Europe, said it now expected full-year profits for the 12 months to the end of March to come in between €350-355m.

This was up from a previous forecast of between €335-350m. 

European short-haul airlines have benefited from strong travel demand in recent months, with Europe's biggest budget airline Ryanair and second biggest EasyJet both upgrading their outlooks in January.