{"id":117213,"date":"2022-01-29T02:06:21","date_gmt":"2022-01-29T00:06:21","guid":{"rendered":"https:\/\/rhn.ro\/wizz-air-losses-of-over-eur-213-million-at-the-end-of-2021\/"},"modified":"2026-03-07T02:06:50","modified_gmt":"2026-03-07T00:06:50","slug":"wizz-air-losses-of-over-eur-213-million-at-the-end-of-2021","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/wizz-air-losses-of-over-eur-213-million-at-the-end-of-2021\/","title":{"rendered":"Wizz Air: Losses of over EUR 213 million at the end of 2021"},"content":{"rendered":"

Low-cost airline Wizz Air reported a loss of EUR 213.6 million for the November-December 2021 period and estimates an even larger loss in the current quarter.<\/p>\n

The loss in the last three months of last year was higher than the EUR 142 million recorded in October-December 2020, as the company invested in increasing its workforce and fleet.<\/p>\n

The number of passengers rose to 7.8 million in the October-December period, exceeding pre-pandemic traveler numbers. The aircraft had an occupancy rate of 77%.<\/p>\n

However, the company says it was necessary to reduce ticket prices to convince people to travel.<\/p>\n

Frequently Asked Questions<\/h3>\n

What was Wizz Air’s financial loss at the end of 2021?<\/strong><\/p>\n

Wizz Air reported a loss of EUR 213.6 million for the November-December 2021 period.<\/p>\n

Why did Wizz Air’s losses increase despite more passengers?<\/strong><\/p>\n

The higher losses were driven by significant investments in fleet expansion and hiring, alongside lower ticket prices to stimulate demand.<\/p>\n

How did Wizz Air’s passenger numbers compare to pre-pandemic levels?<\/strong><\/p>\n

With 7.8 million passengers in the last quarter of 2021, the airline exceeded its pre-pandemic traffic levels.<\/p>\n","protected":false},"excerpt":{"rendered":"

Low-cost airline Wizz Air reported a loss of EUR 213.6 million for the November-December 2021 period and estimates an even larger loss in the current quarter. The loss in the last three months of last year was higher than the EUR 142 million recorded in October-December 2020, as the company invested in increasing its workforce…<\/p>\n","protected":false},"author":0,"featured_media":68941,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2856],"tags":[3095],"thb-sponsors":[],"class_list":["post-117213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conectivity","tag-wizz-air-en"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/transport-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=117213"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/117213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/68941"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=117213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=117213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=117213"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=117213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}