Wizz Air Defies Tough European Aviation Market With Record Annual Profit


Skift Take

With costs lower than most other airlines, Wizz Air is in a strong position to ride out a difficult 2019.

Wizz Air has managed to defy some of the gloom surrounding the European aviation market with a record annual profit and an expectation of continued growth into 2020. The carrier, which has one of the lowest cost bases in the European market, believes it will be one of the winners in a difficult period for the airline industry. The price of jet fuel is steadily rising, and there are other challenges on the horizon, particularly t