The budget carrier on Wednesday (January 30) posted Q3 Ebitdar (earnings before interest, taxes, depreciation, amortisation, restructuring or rent) of €106.3 million for the three months to December 31, up from €104.2 million on the same period last year.
However, its quarterly profits plummeted 87.6% from €14 million to just €1.7 million.
Q3 revenue though increased 21.1% year-on-year from €422.9 million to €512.7 million driven, according to Wizz, by 14.9% passenger growth to 8.1 million for the quarter on a load factor of 91%.
