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Wizz Air to exit Abu Dhabi operations

Low-cost carrier Wizz Air said today it was quitting its Abu Dhabi operation after six years to focus on its main European market, citing geopolitical instability and limited market access.

Business • 14 Jul

Wizz has reported a third-quarter operating loss of €75.9m, compared with a loss of €180.4m a year ago

Wizz Air cuts annual profit forecast on rising costs

European low-cost airline Wizz Air has today cut its annual net income forecast for the second time in six months, as it grapples with rising costs related to the grounding of planes due to engine issues and economic uncertainties.

Business • 30 Jan

Wizz Air's operating profit in its first quarter to June 30 was €44.6m compared to the €144.3m expected by analysts

Wizz Air cuts annual forecast after Q1 profit slumps 44%

Wizz Air has today lowered its annual profit forecast after reporting a 44% drop in its first-quarter operating profit, partly owing to costs related to Pratt & Whitney engine troubles and one-off wet leases to bolster capacity.

Business • 01 Aug 24

Low-cost airline Wizz Air flies an all-Airbus fleet

Wizz Air sees delivery delays after Airbus cuts targets

Wizz Air expects further delays in deliveries of Airbus planes, but the budget carrier remains confident it can increase its capacity over the next few years, its chief executive Jozsef Varadi told Reuters.

Business • 09 Jul 24

Wizz Air reported a net profit of €365.9m for the year ended March 31, compared with a net loss of €535m a year earlier

Wizz Air swings to annual profit after three years

European low-cost airline Wizz Air has today forecast a higher annual profit on the back of a strong summer and robust travel demand, after swinging to an annual net profit after three years.

Business • 23 May 24

The €180m operating loss in Wizz Air's third quarter, which ended on December 31, was larger than last year's third quarter loss of €155m

Wizz Air's Q3 loss swells on MidEast flight disruptions

Wizz Air has today reported a bigger third-quarter operating loss than expected, as the budget carrier grapples with engine inspections that have grounded parts of its fleet and the suspension of flights due to the Middle East conflict.

Business • 25 Jan 24

Wizz Air was among several airlines to pause operations to Israel after the conflict broke out in October

Wizz Air extends Israel flight cancellations to March

Wizz Air Holdings has canceled all flights to Tel Aviv up until March as the conflict between Hamas and Israel wages on.

Business • 03 Jan 24

Wizz Air today posted an operating profit of €522.9m for the six months to September 30, compared with a loss of €63.8m a year ago

Wizz Air narrows forecast on 'difficult' conditions

European budget carrier Wizz Air has today narrowed its annual profit forecast below analyst expectations, citing continuing macroeconomic uncertainty and difficult operating conditions, sending its share price down 6.3%.

Business • 09 Nov 23

Wizz Air shares fell 6.6% in early trade today, having gained around 16% so far this year

Wizz Air shares fall as supply snags hit capacity

Wizz Air's capacity growth will be slower than expected as it grapples with supply chain and engine issues, the company said today, sending its shares down more than 6%, even as it reported higher profits in line with consensus.

Business • 03 Aug 23

The Wizz air boss has criticised the suspension of EU rules governing the competitive allocation of airport take-off and landing rights

Wizz Air boss slams slot waiver limiting Gatwick access

Low-cost carrier Wizz Air is seeking a bigger foothold at London Gatwick, but its ambitions may be hampered if regulators extend a freeze on airport slots in response to the coronavirus crisis, its chief executive Jozsef Varadi said.

Business • 24 Nov 20

Wizz Air has so far withstood the pandemic better than some larger airlines

Wizz Air sees recovery from spring after tough winter

Hungary-based airline Wizz Air said it was expecting a travel recovery in spring but before then winter would be tough, after the pandemic pushed it to a loss in the six months to the end of September.

Business • 05 Nov 20

Wizz Air is currently flying at 80% of last year's capacity

Wizz Air warns recovery could stall on restrictions

Hungary's Wizz Air has that warned its industry-leading recovery could stall as Covid-19 warnings and restrictions hamper travel across Europe.

Business • 25 Aug 20

Wizz Air CEO Jozsef Varadi said single-aisle planes may be required to leave the middle seats on each side vacant

Airlines mull empty seats and masks for virus recovery

Wizz Air is making plans to fly jets only two-thirds full to allow more space between passengers, as airlines voiced concerns that anti-coronavirus measures could blight their profitability long after travel restrictions end.

Coronavirus • 15 Apr 20

Wizz Air said its net profit for the six months ended September soared by 87% to €371.5m

Wizz Air forecasts a better annual profit range

Wizz Air Holdings has today raised the bottom end of its annual profit forecast, as the budget airline benefits from a strong first-half while struggling rivals cut expansion plans.

Business • 13 Nov 19

Wizz Air said it was well-placed to navigate an environment of higher fuel costs

Wizz Air optimistic for year ahead after solid results

Low cost carrier Wizz Air said it believes it is better placed than rivals to navigate a challenging operating environment and higher fuel costs in the coming year after delivering solid annual results today.

Business • 31 May 19

Wizz Air's cheap ticket prices are continuing to stimulate the market in eastern Europe

Wizz Air profit up 22%, confident of more growth

Budget airline Wizz Air sees profit soaring again this year as bigger, more efficient A321 planes help it to keep costs down.

Business • 24 May 18

Jozsef Varadi