Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Wizz Air reported an underlying net profit of €344.8 million ($385 million) for its fiscal 2020 which ended March 31, slightly behind its forecast of €350-355 million.
Wizz Air is continuing to expand its European network despite its own CEO saying the next six to 12 months will be very challenging for the industry and the LCC itself losing tens of millions of euros every month.
