Wizz Air reports third quarter earnings

Wizz Air Holdings total revenue increased by 24% to €422.9 million in the three months to 31 December 2017. For the company as a whole, including the airline and Wizz Tours, ticket revenues increased 26.1% to €241.7 million, while ancillary revenues grew 21.3% to €181.1 million. Profit for the period was a record €14.0 million in Q3, a year on year increase of 3.6%. Total cash at the end of December 2017 was €1,143.8 million of which €975.1 million was free cash. The airline’s total unit revenue increased 1.3% to 3.35 euro cents per available seat kilometre (ASK), while total