AERO TRADING GROUP Corp

Wizz Air releases fiscal first quarter results

Wizz Air releases fiscal first quarter resultsWizz Air releases fiscal first quarter results

Wizz Air has reported a 317% increase in passenger numbers during the three months to 30 June 2021, which has helped revenue to bump up by 119% to €199million. However, the company still posted a loss for the period of €114.4 million. Commenting on the results, József Váradi, Wizz Air CEO said: “The first quarter of F22 remained challenging for the company as we operated only 33% of our available capacity as mobility restrictions continued to be a major barrier to international travel during this period. We were focused on cash and delivered a cash flow positive quarter, with a

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