Budget airline Wizz Air said first-quarter operating losses widened as it was hit by higher fuel costs, despite soaring revenues and passenger numbers as air travel recovered from the Covid pandemic.
The carrier on Wednesday reported a loss of €285m from €109m a year earlier. It flew more than 12m customers across Europe, with revenue up more than 300% to €808.8m.
“Whilst we are rebuilding the airline with greater scale we remain very conscious of the challenging macroeconomic and…