Wizz Air Profits Slump From Foreign Exchange, GTF Grounding Headwinds
Wizz Air Airbus A320neo
Credit: Wizz Air
Hungary-based ULCC Wizz Air has posted a dramatic drop in its quarterly net profit, citing the airline’s ongoing impact from geared turbofan (GTF) engine-related aircraft groundings, but remains optimistic about the demand outlook. Impacted by foreign exchange effects, the airline’s net profit...
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