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Apr 2 2019, 08:20 IST/BST
Wizz Air Holdings
Solid trading update
- Sectors : Airlines
- Companies : Wizz Air Holdings
DAVY VIEW
Wizz Air has issued a solid trading update, confirming in line trading for the quarter to end-March and a good start to the new financial year. While its demand commentary (remains robust across Wizz’s markets) contrasts somewhat with easyJet’s comments from yesterday, it highlights Wizz’s exposure to ancillaries and its ability to drive RASK momentum through them. We do not expect to make material changes to our forecasts at this point (including net income of €294m in FY 2019).
