Airline

Wizz Air chief blames lack of consumer confidence for fall in profits

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Wizz Air chief blames lack of consumer confidence for fall in profits

Jozsef Varadi, chief executive of Wizz Air, has pointed to a lowering of consumer confidence for the fall in profits for the airline as well as added costs from higher fuel prices and expansion. Pre-tax profits fell by 90% to €1.8million in the three months to December compared to €14.6million i...

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