Wizz Air’s policy not to hedge fuel costs has bitten it hard in the first quarter of FY23. While passenger numbers and revenues significantly increased, they were negated by the effects of higher fuel and operating costs. It pushed the ultra-low-cost carrier...
Ryanair ended the first quarter of its financial year 2023 with a profit, the first one since Q1 FY2020. Revenues soared, but the Irish low-cost isn’t comfortable about how the rest of FY23 could be panning out as new Covid variants could push it back into a loss for...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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