Passenger numbers for Wizz Air are growing and the group is set to be back on pre-pandemic levels.
Revenue in the second quarter of 2021 jumped from €471.2m to €880.4m thanks to a growth in passenger numbers by 92.7%.
Wizz Air’s chief executive Jozsef Varadi, commented: “Close to 10 million passengers booked a Wizz Air flight in the quarter with load factors around 80 per cent for the quarter and reaching 84% in August as our capacity peaked at 98% of 2019 ASKs in the same month.”
“Our revenue performance was 79 per cent better than last summer and ex-fuel CASK in the second quarter continued to normalise and was only 12 per cent higher compared to pre-pandemic levels.”
“As a result, we delivered an operating profit of €57m for the quarter. We closed the quarter with €1.7bn of total cash, highlighting our ability to manage liquidity well and continue to maintain our investment grade rating.”