Wizz Air Capital Markets Day

Summary by AI BETAClose X

Wizz Air Holdings Plc announced its medium-term targets for F30, aiming for EUR 10 billion in revenue, an ex-fuel CASK of EUR 3.00 cents, a 10% EBIT margin, and an investment-grade balance sheet, all underpinned by a strategic refocus on core and growth markets and cost management. The company also reported stronger than expected summer performance, with Q2 RASK now guided flat year-on-year, and confirmed a strong liquidity position exceeding EUR 2.2 billion, despite a 5% reduction in H2 capacity due to geopolitical and fuel price volatilities.

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