A net foreign exchange loss of €269.2 million related to unhedged lease liabilities in US dollars is the main reason that Wizz Air’s half-year loss almost tripled. Despite other headwinds like high fuel costs, the ultra-low-cost airline produced a positive...
Rumania’s biggest airline, BlueAir, has suspended all operations until September 12 as it tries to sort out financial issues with the Rumanian government and regulators. The suspension of flights has caused chaos at Henri Coanda Airport in Bucharest after thousands of...
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