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Wizz Air profit wiped out by rising fuel prices
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Wizz Air profit wiped out by rising fuel prices
Soaring jet fuel prices caused by the conflict in the Middle East led to a sharp drop in Wizz Air’s profit. The increased fuel costs and “extreme volatility” from the war in Iran caused the budget airline to swing to a €198.2m net loss, a significant shift from its €38.4m gains the prior year. The [...]
6 Aug, 08:24
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