Wizz Air raises profit forecast, capacity outlook as rivals struggle

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Wizz Air raises profit forecast, capacity...
 © In-Cyprus 2019
Wizz Air lifted the bottom end of its annual profit forecast and further raised its capacity growth outlook, as the budget airline flew more passengers and curbed costs in the first-half, while struggling rivals cut expansion plans.

Wizz, which operates 70 routes flying out of Britain, had seen a lot of inbound tourism to the country despite Brexit jitters, with Britons travelling to Hungary, Poland, Tel Aviv and  Cyprus .

On Wednesday, it announced net profit for the financial year 2020 would be between 335 million euros to 350 million euros ($369.17 million to...


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Wizz Air raises profit forecast, capacity outlook as rivals struggle


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Article Tags: raises, profit, forecast, capacity, outlook, rivals, struggle,