Wizz Air has reported an underlying loss of €482m on 75% passenger decrease for the full year ended 31 March 2021 (FY21). Revenue fell by 73% to €739 million as passenger traffic fell by 75%. Both figures represent a sharp reduction in capacity throughout the year as a result of travel restrictions across Europe. József Váradi, Wizz Air Group Chief Executive Officer said: “This was probably one of the most challenging years for the aviation industry, heavily impacted by COVID-19 related regulations. Wizz Air’s F21 revenue was down 73 per cent and we incurred an underlying loss of €482 million.

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