European low-cost airline Wizz Air forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual net profit after three years.
An Airbus A321-231 from Wizz Air is taking off from Barcelona Airport in Barcelona, Spain, on Feb. 23, 2024.European low-cost airline Wizz Air forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual net profit after three years.
The airline has benefitted from sustained demand even as it navigates challenges including flight cancellations due to the Middle East conflict, engine inspections that have grounded parts of its fleet, and air traffic control disruption.
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