Between January and September 2020, the low-cost airline Wizz Air recorded a load factor of only 66%. Total revenues decreased by 71.8% to EUR 471.2 million, and ticket sales fell by 78.9% to EUR 201.8 million, with a loss of EUR 243.1 million.
The company expects winter conditions to be particularly difficult, with ongoing COVID-19 travel restrictions and the seasonal decline in travel demand.
Wizz Air operates a fleet of 124 Airbus A320 and A321 aircraft.
Frequently Asked Questions
What was Wizz Air’s revenue drop in 2020?Wizz Air reported a 71.8% decrease in total revenue, reaching EUR 471.2 million for the first nine months of 2020.
How did COVID-19 affect Wizz Air’s ticket sales?Ticket sales plummeted by 78.9% to EUR 201.8 million due to travel restrictions and reduced demand during the pandemic.
What is the size of Wizz Air’s fleet?As of the reporting period, Wizz Air operated a fleet of 124 Airbus A320 and A321 aircraft.