Wizz Air posts sharp Q3 profit drop on higher costs

Credit: Rob Finlayson
Central and Eastern European LCC Wizz Air’s net profit fell sharply to €1.7 million ($1.9 million) in the third quarter, down 87.6% from €14 million a year earlier, driven by higher costs. During the three months ended Dec. 31, 2018, Wizz Air carried 8.1 million passengers, up 14.9% on the prior...

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