Wizz Air Holdings (GB:WIZZ) has released an update.
Wizz Air Holdings PLC, a rapidly expanding European low-cost airline, anticipates reporting a net income between €350 – €370 million for the financial year ending March 31, 2024, aligning with previous guidance. The expected total revenue is projected to be €5,050 – €5,100 million, attributed to strong ticket sales and pricing, though slightly offset by weaker ancillary sales. Looking ahead, Wizz Air forecasts stable capacity growth, improved operational performance, and a reduction in net debt for the first half and the entirety of the following financial year.
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