The budget carrier on Wednesday (27 July) recorded a deeper Q1 (three months to 30 June) loss of €452.5 million, which compares with €114.4 a year earlier. Wizz’s Q1 operational loss also grew from €108.6 million to €284.5 million.
Wizz said the setbacks came despite the transition "from a pandemic to an endemic setting", which has seen Q1 passenger numbers increase to 12.2 million and quarterly revenue recover to €808 million.
"Passengers and revenue more than quadrupled versus the same quarter last year, up almost 20% versus pre-pandemic levels, with 30% more capacity operated," said Wizz.