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Tag Airbus

Wizz: high Q3 revenues, low profit

Central and Eastern European ultra-low-cost airline Wizz Air presented mixed results on January 30 in its Q3 FY2018/2019 results update. While revenues increased 21.2% to €512.7m, its net profit year-on-year dropped 87.6% to just €1.7mln and net profit margin to…