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Abstract:(Reuters) – European budget airline Wizz Air warned of a bigger annual loss of between 652 million euros and 632 million euros ($711.6 million to $689.8 million), as the sector faces weak demand and surging fuel costs due to the Ukraine crisis.
div classBodysc17zpet90 cdBBJodivpReuters – European budget airline Wizz Air warned of a bigger annual loss of between 652 million euros and 632 million euros 711.6 million to 689.8 million, as the sector faces weak demand and surging fuel costs due to the Ukraine crisis.p
pThe gloomy forecast from the ultralow cost carrier on Thursday for the financial year ended March 31, 2022 compares with 576 million euro net loss in a year earlier, when travel restrictions due to the pandemic battered the aviation sector.pdivdivdiv classBodysc17zpet90 cdBBJodiv
p1 0.9163 eurosp
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