Wizz Air ‘resilient’ after route cancellations wipe out profit

City AM City AM —

Wizz Air said the Iran war means it is unable to forecast its profithttps://www.cityam.com/wp-content/uploads/2024/10/wizz.jpeg?w=1107" />

Wizz Air has insisted its decision to halt operations in Vienna and Abu Dhabi positioned the airline for “long term resilience,” despite causing net profit to drop by nearly 99 per cent.

The FTSE 250-listed airline said its slump in net profit from €214m to €1m was due to the “one-off headwinds” of these route https://www.cityam.com/wizz-air-resilient-after-route-cancellations-wipe-out-profit/">[...]

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