Wizz Air thrives on regional growth

Wizz Air thrives on regional growth

Interesting news from Wizz Air: while many European airlines report lower results and yields under pressure, the ultra-low-cost airline from Central-Eastern European sees significant growth. Wizz closed its FY2020 Q1 with a net profit of EUR 72.4 million, compared to...

O’Leary’s logic behind LaudaMotion

From sudden opportunity to strategic investment: that sums up the position that Austrian low-cost carrier LaudaMotion has taken within Ryanair, the Irish LCC and the number 2-airline within Europe on passenger volumes. But what’s the plan behind this? Airinsight...

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 a...