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Wizz Air to cut UK growth in wake of Brexit

Air
Tom Parry
20 July 2016

Wizz Air is set to halve its planned growth in the UK following last month’s Brexit vote.

Wizz Air has vacancies for cabin crew

The low-cost carrier revealed intention to downscale today (July 20) after releasing its financial results for the first quarter of the year.

In the report the airline said Britain’s decision to leave the EU had led to a “notable weakness” in fares and as a result, it had begun “re-adjusting” its capacity to service other non-UK routes.

The news came as Wizz Air reported a record first quarter with pre-tax profit up by 52.2% to €52.3 million – with total revenue increasing by 9.8% to €364.9 million.

The airline also experienced a 17.9% rise in passenger numbers registering 5.8 million.