Wizz Air’s Resilient Performance Amid Engine Challenges

Wizz Air Holdings (GB:WIZZ) has released an update.

Wizz Air Holdings reported a resilient performance for the first half of 2024, despite challenges from Pratt & Whitney engine groundings. The company managed to carry 33.3 million passengers, maintaining a 92.4% load factor, with total revenue slightly increasing to €3,066.1 million. Although operating profit decreased by 33.2% due to higher costs, Wizz Air remains focused on cost control and operational efficiency, expecting positive booking momentum in the second half.

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