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Wizz air loss of 116m


The budget airlines reported a net loss of 116.4 million in the third quarter , with revenue down 76.5% and passenger numbers fell to 2.27m this was caused by the COVID 19 crisis


Wizz air CEO Josef Vardi told that COVID 19 restrained travel thus preventing the company from providing full year 2021 guidance . The company saw its ticket revenue also fall by 80% in the third quarter this combined leaded to wizz air‘s loss of 116.4 million


Earlier in January the airline strengthened its liquidity with a €500m three year bond

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