Wizz Air records net profit of €292 million in its FY2019 results

Wizz Air has recorded a net profit of €292 million in the full year to March 31, 2019, up 6% from the €275 million experienced in 2018. The airline has said this is driven by a 17% increase in the number of passengers, from 29.6 million to 34.6 million. “Wizz Air has once again delivered record passenger numbers and revenues, while also delivering higher load factors and a record net profit,” said the airline’s CEO, József Váradi. “The high economic growth rates across CEE continue and the opportunities created by Wizz Air’s ultra-low fares saw our revenues increase by 20 per