Wizz Air falls on Q1 operating loss as fuel costs, weak fares bite
BUZZ-Wizz Air falls on Q1 operating loss as fuel costs, weak fares bite ** Shares of European budget carrier Wizz Air WIZZ.L fall 5.3% at 1,086 pence; among top losers on FTSE micaps .FTMC index which is up 0.1%
** Co swung to Q1 operating loss of €183.3 million ($211.58 million) as soaring fuel costs and weak fares stemming from Iran war weighed on earnings
** YTD, co's stock down ~14% while FTMC is up about 10%
($1 = 0.8663 euros)
(Reporting by Megha Anilkumar Nair in Bengaluru)
Recent news on Wizz Air Holdings
See all newsBrief: Amadeus Signs Deal To Make Wizz Air Content Available On Its Platform
Wizz Air Holdings - Wizz Air Omnibus Plan award grants
Europe Research Roundup: Anglo American, Carmila, Greencore
Jet fuel crunch puts 2027 earnings at risk for European airlines, JPM says
Wizz Air in talks with airports to take over slots from carriers at risk of bankruptcy