Wizz Air Holdings Plc (WZZZY)
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- Simply Wall St.
Wizz Air Holdings Reports Third Quarter 2023 Earnings
Wizz Air Holdings ( LON:WIZZ ) Third Quarter 2023 Results Key Financial Results Revenue: €911.7m (up 123% from 3Q...
- Reuters
Wizz Air sees strong summer, but more wary than rivals
LONDON (Reuters) -Wizz Air is upbeat on summer demand for travel but more cautious than its competitors, forecasting a return to profit in its 2023-2024 financial year, helped by strong bookings, new capacity and the benefits of hedging fuel costs. Low cost rivals Ryanair, Europe's biggest airline, and Britain's easyJet have reported record bookings for summer holidays, in a sign that consumers are still keen on trips despite a looming recession. Asked if Wizz had seen the same, CEO József Váradi said: "Bookings are strong, but I don't want to get over-excited."
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