Wizz Air Holdings PLC 2018 AR2
The report highlights Wizz Air Holdings Plc's strong financial and operational performance for the fiscal year ended March 31, 2018. The company achieved record passenger numbers of 29.6 million, representing a 25% increase year-on-year, and a 24% increase in total revenue to €1,948.0 million. Net profit grew by 22% to €275.1 million, maintaining one of the highest profit margins among European airlines. Wizz Air also expanded its fleet to 93 aircraft and placed a historic order for 146 Airbus A320neo family aircraft to support future growth. Additionally, the company established Wizz Air UK Limited as part of its Brexit contingency plans and received investment-grade credit ratings.
Company: Wizz Air Holdings PLC
Sector: Transport & logistics
Country: Hungary
Year: 2018
Type: AR2
Pages: 123
Wizz Air Holdings PLC
The report highlights Wizz Air Holdings Plc's strong financial and operational performance for the fiscal year ended March 31, 2018. The company achieved record passenger numbers of 29.6 million, representing a 25% increase year-on-year, and a 24% increase in total revenue to €1,948.0 million. Net profit grew by 22% to €275.1 million, maintaining one of the highest profit margins among European airlines. Wizz Air also expanded its fleet to 93 aircraft and placed a historic order for 146 Airbus A320neo family aircraft to support future growth. Additionally, the company established Wizz Air UK Limited as part of its Brexit contingency plans and received investment-grade credit ratings.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees