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Wizz Air financials dented by European ATC strikes

Air
James Chapple
26 July 2018

Wizz Air says European air traffic control (ATC) strikes hit its first quarter profits.

Wizz Air

The Hungarian low cost carrier reported profits of €50 million in the three months to June 30, down 14% on Q1 2017.


It has also reduced its full-year growth forecast with ATC disruption likely to continue into the autumn.


Nonetheless, passenger numbers increased nearly 20% to 8.6 million and revenue to €553.4 million, up some 18%.


Wizz is the latest airline to pin stalling financials on the European ATC situation.