Wizz Air warns on profit amid ‘cost headwinds’

Wizz Air slashed its annual profit forecast on Thursday despite quarterly losses more than halving amid record passenger traffic. The Hungarian carrier reported a €75.9m (£63.6m) loss in the three months ended December 31, around 58 per cent smaller than the year prior. Revenue came in at €1.18bn, up 10.5 per cent and driven by [...]