In the financial year ending on March 31, 2022, the low-cost airline Wizz Air generated a net loss amounting to 642.5 million euros from its operations. Since 2013, the low-cost carrier based in Budapest, Hungary, reported growth in its net profit, with the exception of 2019 and 2021.
The drastic decline in the reported net profit was caused by the emergence of the COVID-19 pandemic. The impact of the virus forced numerous countries to introduce various restrictions and regulations relative to travel aimed limiting the spread of the virus.
Net profit of Wizz Air from 2011 to 2022
(in million euros)
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Wizz Air. (June 30, 2022). Net profit of Wizz Air from 2011 to 2022 (in million euros) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1112405/net-profit-wizz-air/
Wizz Air. "Net profit of Wizz Air from 2011 to 2022 (in million euros)." Chart. June 30, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1112405/net-profit-wizz-air/
Wizz Air. (2022). Net profit of Wizz Air from 2011 to 2022 (in million euros). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1112405/net-profit-wizz-air/
Wizz Air. "Net Profit of Wizz Air from 2011 to 2022 (in Million Euros)." Statista, Statista Inc., 30 Jun 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1112405/net-profit-wizz-air/
Wizz Air, Net profit of Wizz Air from 2011 to 2022 (in million euros) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1112405/net-profit-wizz-air/ (last visited November 10, 2024)
Net profit of Wizz Air from 2011 to 2022 (in million euros) [Graph], Wizz Air, June 30, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1112405/net-profit-wizz-air/
