Wizz Air swings to quarterly loss after Iran war sends jet fuel costs soaring
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Summary
Wizz Air swings to quarterly loss after Iran war sends jet fuel costs soaring. The weaker earnings update came despite its passenger numbers soaring by a quarter to 21.2 million over the three-month period. The airline said this reflected 87% higher market prices, which it managed to partially mitigate through its own cost actions.
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Wizz Air swings to quarterly loss after Iran war sends jet fuel costs soaring.
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The weaker earnings update came despite its passenger numbers soaring by a quarter to 21.2 million over the three-month period.
according to The IndependentThe airline said this reflected 87% higher market prices, which it managed to partially mitigate through its own cost actions.
according to The Independent
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